Realm Business and Tax Advisory LLC
Realm Business and Tax Advisory LLC is a business in Hermosa Beach, California, in the all other professional, scientific, and technical services industry (NAICS 541990). The company was financed with an SBA 7(a) loan for a change of ownership of $1,990,000, approved on October 21, 2023 by Live Oak Banking Company. The loan was reported with 12 jobs.
SBA 7(a) loan, change of ownership, approved Oct 21, 2023
$1,990,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,990,000
- SBA-guaranteed amount
- $1,492,500 (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
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- October 21, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $25,208 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 19, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 541990, All Other Professional, Scientific, and Technical Services
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-33
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 68% of acquisition loans in All Other Professional, Scientific, and Technical Services on this site.
- Average acquisition loan in All Other Professional, Scientific, and Technical Services: $1,682,572.
- Average acquisition loan in California: $1,688,228.
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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