Norvane Accounting & Tax LLC
Norvane Accounting & Tax LLC, located in Severna Park, MD, operates 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 of $1.115 million, approved on January 29, 2026, through Firstrust Savings Bank.
SBA 7(a) loan, change of ownership, approved Jan 29, 2026
$1,115,000 approvedLender: Firstrust Savings Bank17 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,115,000
- SBA-guaranteed amount
- $836,250 (75% of the approval)
- Lender
- Firstrust Savings Bank, Conshohocken, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 17 years (204 months)
- Estimated maturity
- January 29, 2043 (estimated, approval date plus term)
- Estimated monthly payment
- $10,520 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 26, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 541211, Offices of Certified Public Accountants
- Project location
- Anne Arundel County, MD
- SBA district office
- Baltimore District Office
- Congressional district
- MD-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 50% 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 Maryland: $1,627,337.
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 Maryland
- Thomas M Wagner & Associates, PA, Bel Air