Verleye Park, LLC
Verleye Park, LLC is located in Phoenix, AZ, and the SBA lists its industry as Offices of Certified Public Accountants. It was approved for an SBA 7(a) loan of $500,000 for a change of ownership on August 16, 2024.
SBA 7(a) loan, change of ownership, approved Aug 16, 2024
- Gross approval
- $500,000
- SBA-guaranteed amount
- $375,000 (75% of the approval)
- Lender
- U.S. Bank, National Association, Cincinnati, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 16, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $6,266 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 5, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 541211, Offices of Certified Public Accountants
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Offices of Certified Public Accountants: $1,327,217.
- Average acquisition loan in Arizona: $1,690,811.
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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