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Innovative CPA Group of Florida, LLC

Venice, FL · Offices of Certified Public Accountants · NAICS 541211

Innovative CPA Group of Florida, LLC is an accounting firm in Venice, FL, classified under Offices of Certified Public Accountants (NAICS 541211). The company was financed with an SBA 7(a) loan for a change of ownership of $1.43 million, approved on September 1, 2025 through Live Oak Banking Company, with 15 jobs reported.

SBA 7(a) loan, change of ownership, approved Sep 1, 2025

$1,430,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,430,000
SBA-guaranteed amount
$1,072,500 (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
8.5%, variable
Term
10 years (120 months)
Estimated maturity
September 1, 2035 (estimated, approval date plus term)
Estimated monthly payment
$17,730 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 16, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
15
Business type
Corporation
NAICS
541211, Offices of Certified Public Accountants
Project location
Sarasota County, FL
SBA district office
South Florida District Office
Congressional district
FL-17
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 64% 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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