Main Street Registry

Thomas Financial Advisory Group

Pittsburgh, PA · Portfolio Management and Investment Advice · NAICS 523940

Thomas Financial Advisory Group is a business in Pittsburgh, PA, in the portfolio management and investment advice industry (NAICS 523940). The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $965,000 approved on October 2, 2024 through Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Oct 2, 2024

$965,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$965,000
SBA-guaranteed amount
$723,750 (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
9.25%, variable
Term
10 years (120 months)
Estimated maturity
October 2, 2034 (estimated, approval date plus term)
Estimated monthly payment
$12,355 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 17, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
523940, Portfolio Management and Investment Advice
Project location
Allegheny County, PA
SBA district office
Pittsburgh District Office
Congressional district
PA-17
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 42% of acquisition loans in Portfolio Management and Investment Advice on this site.
  • Average acquisition loan in Portfolio Management and Investment Advice: $1,481,771.
  • Average acquisition loan in Pennsylvania: $1,636,965.

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Pennsylvania