JTJL Latshaw Group LLC
JTJL Latshaw Group LLC is a business located in North Chesterfield, Virginia, in the offices of certified public accountants industry (NAICS 541211). The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $1,515,000 from United Midwest Savings Bank National Association, approved on May 14, 2025.
SBA 7(a) loan, change of ownership, approved May 14, 2025
$1,515,000 approvedLender: United Midwest Savings Bank National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,515,000
- SBA-guaranteed amount
- $1,136,250 (75% of the approval)
- Lender
- United Midwest Savings Bank National Association, De Graff, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 14, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $19,604 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 27, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 541211, Offices of Certified Public Accountants
- Project location
- Chesterfield County, VA
- SBA district office
- Richmond District Office
- Congressional district
- VA-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 69% 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 Virginia: $1,860,760.
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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