Main Street Registry

Reda, Romano & Co, LLP

Rye Brook, NY · Offices of Certified Public Accountants · NAICS 541211

Reda, Romano & Co, LLP is an accounting business in Rye Brook, NY, operating in the offices of certified public accountants industry. It was financed with an SBA 7(a) loan for a change of ownership of $1.488 million, approved on July 24, 2025, by Valley National Bank.

SBA 7(a) loan, change of ownership, approved Jul 24, 2025

$1,488,000 approvedLender: Valley National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,488,000
SBA-guaranteed amount
$1,116,000 (75% of the approval)
Lender
Valley National Bank, Passaic, NJ
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
July 24, 2035 (estimated, approval date plus term)
Estimated monthly payment
$19,254 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 28, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
11
Business type
LLC or partnership
NAICS
541211, Offices of Certified Public Accountants
Project location
Westchester County, NY
SBA district office
New York District Office
Congressional district
NY-16
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 67% 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 New York: $1,771,512.

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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