Pillar of Autumn Holdings LLC
Pillar of Autumn Holdings LLC, located in Manassas, Virginia, operates in tax preparation services (NAICS 541213). The company was financed with an SBA 7(a) loan for a change of ownership of $1,525,000, approved on November 2, 2023, through Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Nov 2, 2023
$1,525,000 approvedLender: Live Oak Banking Company10 years termPaid in fullLoan details
- Gross approval
- $1,525,000
- SBA-guaranteed amount
- $1,143,750 (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
- 10.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 2, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $20,792 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 20, 2023
- Loan status
- Paid in full
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 541213, Tax Preparation Services
- Project location
- Prince William County, VA
- SBA district office
- Richmond District Office
- Congressional district
- VA-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 85% of acquisition loans in Tax Preparation Services on this site.
- Average acquisition loan in Tax Preparation Services: $1,139,170.
- 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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