Dreher & Associates CPA, P.A.
Dreher & Associates CPA, P.A. is an accounting firm in Punta Gorda, Florida, operating in the offices of certified public accountants industry (NAICS 541211). The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $1,335,000, provided by Crews Bank and Trust and dated August 13, 2024.
SBA 7(a) loan, change of ownership, approved Aug 13, 2024
$1,335,000 approvedLender: Crews Bank and Trust14 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,335,000
- SBA-guaranteed amount
- $1,001,250 (75% of the approval)
- Lender
- Crews Bank and Trust, Wauchula, FL
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 10.5%, variable
- Term
- 14 years (168 months)
- Estimated maturity
- August 13, 2038 (estimated, approval date plus term)
- Estimated monthly payment
- $15,198 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 22, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 541211, Offices of Certified Public Accountants
- Project location
- Charlotte County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-17
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 61% 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 Florida: $1,808,559.
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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