Chrysalis Business Partners LLC
Chrysalis Business Partners LLC, located in Mesa, AZ, operates in the offices of certified public accountants industry (NAICS 541211). The company was financed with an SBA 7(a) loan for a change of ownership of $1,515,000, approved on November 15, 2023, through Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Nov 15, 2023
$1,515,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,515,000
- SBA-guaranteed amount
- $1,136,250 (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
- 9.24%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 15, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $19,389 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 1, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 25
- Business type
- Corporation
- NAICS
- 541211, Offices of Certified Public Accountants
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 69% of acquisition loans in Offices of Certified Public Accountants on this site.
- 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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