Jerrod Ragsdale, CPA, LLC
Jerrod Ragsdale, CPA, LLC is an accounting firm in Beaverton, Oregon, in the offices of certified public accountants industry. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $945,000, approved on December 10, 2024 by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Dec 10, 2024
$945,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $945,000
- SBA-guaranteed amount
- $708,750 (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
- 9.34%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 10, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $12,145 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 541211, Offices of Certified Public Accountants
- Project location
- Washington County, OR
- SBA district office
- Portland District Office
- Congressional district
- OR-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 38% 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 Oregon: $1,946,167.
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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