JSL Accounting and Tax LLC
JSL Accounting and Tax LLC is a tax preparation services business in North Canton, Ohio. It was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $560,000 approved by The Huntington National Bank on April 30, 2025.
SBA 7(a) loan, change of ownership, approved Apr 30, 2025
$560,000 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $560,000
- SBA-guaranteed amount
- $420,000 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 30, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $7,323 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 25, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 541213, Tax Preparation Services
- Project location
- Stark County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 11% of acquisition loans in Tax Preparation Services on this site.
- Average acquisition loan in Tax Preparation Services: $1,139,170.
- Average acquisition loan in Ohio: $1,840,340.
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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