Akn Accounting
Akn Accounting is located in Salem, OR, and the SBA lists its industry as Other Accounting Services. It was approved for an SBA 7(a) loan of $500,000 for a change of ownership on December 13, 2024.
SBA 7(a) loan, change of ownership, approved Dec 13, 2024
- 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
- 10.24%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 13, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $6,674 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 2, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 541219, Other Accounting Services
- Project location
- Marion County, OR
- SBA district office
- Portland District Office
- Congressional district
- OR-05
- 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 Oregon: $1,946,167.
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.