Ascent Accounting & Tax, LLC
Ascent Accounting & Tax, LLC is an accounting services business in Port Angeles, WA, classified under other accounting services (NAICS 541219). The company was financed with an SBA 7(a) loan for a change of ownership of $795,000, approved on October 2, 2024, through Washington Trust Bank.
SBA 7(a) loan, change of ownership, approved Oct 2, 2024
$795,000 approvedLender: Washington Trust Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $795,000
- SBA-guaranteed amount
- $596,250 (75% of the approval)
- Lender
- Washington Trust Bank, Spokane, WA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- October 2, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $10,071 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 23, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 541219, Other Accounting Services
- Project location
- Clallam County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 35% of acquisition loans in Other Accounting Services on this site.
- Average acquisition loan in Other Accounting Services: $1,284,062.
- Average acquisition loan in Washington: $1,784,595.
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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