Elite Certified Public Accountancy Corp.
Elite Certified Public Accountancy Corp. is an accounting firm in Marina Del Rey, California, in the offices of certified public accountants industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $500,000, approved by U.S. Bank, National Association, on May 30, 2025.
SBA 7(a) loan, change of ownership, approved May 30, 2025
$500,000 approvedLender: U.S. Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $500,000
- SBA-guaranteed amount
- $375,000 (75% of the approval)
- Lender
- U.S. Bank, National Association, Cincinnati, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 30, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $5,870 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 8, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- 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
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Offices of Certified Public Accountants: $1,327,217.
- Average acquisition loan in California: $1,688,228.
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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