Main Street Registry

Santa Ynez Valley Tax Professionals Inc

Carpinteria, CA · Other Accounting Services · NAICS 541219

Santa Ynez Valley Tax Professionals Inc, located in Carpinteria, CA, operates in other accounting services under NAICS code 541219. The company was financed with an SBA 7(a) loan for a change of ownership of $500,000, approved on December 27, 2024 by Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Dec 27, 2024

$500,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$500,000
SBA-guaranteed amount
$375,000 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.55%, variable
Term
10 years (120 months)
Estimated maturity
December 27, 2034 (estimated, approval date plus term)
Estimated monthly payment
$6,213 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 16, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
541219, Other Accounting Services
Project location
Santa Barbara County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-24
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Average acquisition loan in Other Accounting Services: $1,284,062.
  • Average acquisition loan in California: $1,688,228.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in California