Tax Edge, Inc.
Tax Edge, Inc. is located in Grand Junction, CO, and the SBA lists its industry as Other Accounting Services. It was approved for an SBA 7(a) loan of $667,800 for a change of ownership on October 16, 2024.
SBA 7(a) loan, change of ownership, approved Oct 16, 2024
- Gross approval
- $667,800
- SBA-guaranteed amount
- $500,850 (75% of the approval)
- Lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- October 16, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $8,825 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 25, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 541219, Other Accounting Services
- Project location
- Mesa County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 21% of acquisition loans in Other Accounting Services on this site.
- Average acquisition loan in Other Accounting Services: $1,284,062.
- Average acquisition loan in Colorado: $1,608,658.
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.
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Same industry in Colorado
- Money Maven, LLC, Severance
- D&G Accounting, LLC, Colorado Springs