Main Street Registry

R.m.a. Taxes Inc.

Orland Park, IL · Offices of Certified Public Accountants · NAICS 541211

R.m.a. Taxes Inc. is a business in Orland Park, Illinois, 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 $924,800, approved by Old National Bank on November 7, 2023.

SBA 7(a) loan, change of ownership, approved Nov 7, 2023

$924,800 approvedLender: Old National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$924,800
SBA-guaranteed amount
$693,600 (75% of the approval)
Lender
Old National Bank, Evansville, IN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.25%, fixed
Term
10 years (120 months)
Estimated maturity
November 7, 2033 (estimated, approval date plus term)
Estimated monthly payment
$11,343 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 9, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
11
Business type
Corporation
NAICS
541211, Offices of Certified Public Accountants
Project location
Cook County, IL
SBA district office
Illinois District Office
Congressional district
IL-01
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 36% 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 Illinois: $1,796,780.

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 Illinois