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Saginaw Valley Tax & Accounting Services PC

Bay City, MI · Other Accounting Services · NAICS 541219

Saginaw Valley Tax & Accounting Services PC, located in Bay City, Michigan, operates in the other accounting services industry (NAICS 541219). The company was financed with an SBA 7(a) loan for a change of ownership of $971,700, approved on January 24, 2025 by The Huntington National Bank.

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

$971,700 approvedLender: The Huntington National Bank16 years termStatus not reported (SBA exemption)Loan details
Gross approval
$971,700
SBA-guaranteed amount
$728,775 (75% of the approval)
Lender
The Huntington National Bank, Columbus, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.6%, fixed
Term
16 years (192 months)
Estimated maturity
January 24, 2041 (estimated, approval date plus term)
Estimated monthly payment
$8,761 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 31, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
73
Business type
Corporation
NAICS
541219, Other Accounting Services
Project location
Bay County, MI
SBA district office
Michigan District Office
Congressional district
MI-05
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 52% of acquisition loans in Other Accounting Services on this site.
  • Average acquisition loan in Other Accounting Services: $1,284,062.
  • Average acquisition loan in Michigan: $1,645,728.

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 Michigan