Main Street Registry

Ams Cpas La Corp

Los Angeles, CA · Offices of Certified Public Accountants · NAICS 541211

Ams Cpas La Corp is located in Los Angeles, CA, and the SBA lists its industry as Offices of Certified Public Accountants. It was approved for an SBA 7(a) loan of $1,928,000 for a change of ownership on August 22, 2024.

SBA 7(a) loan, change of ownership, approved Aug 22, 2024

Gross approval
$1,928,000
SBA-guaranteed amount
$1,446,000 (75% of the approval)
Lender
United Midwest Savings Bank National Association, De Graff, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.75%, variable
Term
10 years (120 months)
Estimated maturity
August 22, 2034 (estimated, approval date plus term)
Estimated monthly payment
$26,286 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 29, 2024
Loan status
Paid in full
Jobs supported
13
Business type
Corporation
NAICS
541211, Offices of Certified Public Accountants
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-33
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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