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Accudata Accounting Advisors

Irvine, CA · Other Accounting Services · NAICS 541219

Accudata Accounting Advisors is an accounting services business located in Irvine, California, classified under the industry Other Accounting Services (NAICS 541219). The company was financed with an SBA 7(a) loan for a change of ownership of $1.55 million, approved on October 28, 2023, by Live Oak Banking Company.

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

$1,550,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,550,000
SBA-guaranteed amount
$1,162,500 (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
10.35%, variable
Term
10 years (120 months)
Estimated maturity
October 28, 2033 (estimated, approval date plus term)
Estimated monthly payment
$20,785 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 21, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
17
Business type
Corporation
NAICS
541219, Other Accounting Services
Project location
Orange County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-45
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 73% of acquisition loans in Other Accounting Services on this site.
  • 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.

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Same industry in California