JM Accounting Group Inc.
JM Accounting Group Inc. is located in Dallas, TX, and the SBA lists its industry as Other Accounting Services. It was approved for an SBA 7(a) loan of $985,000 for a change of ownership on May 29, 2025.
SBA 7(a) loan, change of ownership, approved May 29, 2025
- Gross approval
- $985,000
- SBA-guaranteed amount
- $738,750 (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
- 8.36%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 29, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $12,139 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 11, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 541219, Other Accounting Services
- Project location
- Dallas County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-32
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 54% of acquisition loans in Other Accounting Services on this site.
- Average acquisition loan in Other Accounting Services: $1,284,062.
- Average acquisition loan in Texas: $1,944,682.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Texas
- Global Strategies Holdings LLC, Houston
- Pretty Penny LLC, Dallas
- Varc Solutions, LLC, Friendswood