Main Street Registry

Rain City Accounting and Finance, PLLC

Seattle, WA · Other Accounting Services · NAICS 541219

Rain City Accounting and Finance, PLLC is an accounting services business in Seattle, Washington, classified under the industry Other Accounting Services. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $675,000, approved on December 23, 2024, through lender Banesco USA.

SBA 7(a) loan, change of ownership, approved Dec 23, 2024

$675,000 approvedLender: Banesco USA10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$675,000
SBA-guaranteed amount
$506,250 (75% of the approval)
Lender
Banesco USA, Miami, FL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
10 years (120 months)
Estimated maturity
December 23, 2034 (estimated, approval date plus term)
Estimated monthly payment
$9,108 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 31, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
1
Business type
Corporation
NAICS
541219, Other Accounting Services
Project location
King County, WA
SBA district office
Seattle District Office
Congressional district
WA-07
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 22% of acquisition loans in Other Accounting Services on this site.
  • Average acquisition loan in Other Accounting Services: $1,284,062.
  • Average acquisition loan in Washington: $1,784,595.

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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Same industry in Washington