Main Street Registry

Sg & Associates, Ltd.

Naperville, IL · Offices of Certified Public Accountants · NAICS 541211

Sg & Associates, Ltd. is a business in Naperville, IL, in the offices of certified public accountants industry (NAICS 541211). The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,637,900, approved on December 28, 2023, by The Huntington National Bank.

SBA 7(a) loan, change of ownership, approved Dec 28, 2023

$1,637,900 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,637,900
SBA-guaranteed amount
$1,228,425 (75% of the approval)
Lender
The Huntington National Bank, Columbus, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.99%, fixed
Term
10 years (120 months)
Estimated maturity
December 28, 2033 (estimated, approval date plus term)
Estimated monthly payment
$20,739 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 5, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
14
Business type
Corporation
NAICS
541211, Offices of Certified Public Accountants
Project location
Dupage County, IL
SBA district office
Illinois District Office
Congressional district
IL-06
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 75% of acquisition loans in Offices of Certified Public Accountants on this site.
  • Average acquisition loan in Offices of Certified Public Accountants: $1,327,217.
  • Average acquisition loan in Illinois: $1,796,780.

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 Illinois