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Thompson Financial Planning, LLC

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

Thompson Financial Planning, LLC is a business in Pittsburgh, Pennsylvania, in the portfolio management and investment advice industry (NAICS 523940). It was financed with an SBA 7(a) loan for a change of ownership of $1.11 million, approved by Live Oak Banking Company on January 24, 2025.

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

$1,110,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,110,000
SBA-guaranteed amount
$832,500 (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
8.75%, variable
Term
10 years (120 months)
Estimated maturity
January 24, 2035 (estimated, approval date plus term)
Estimated monthly payment
$13,911 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 26, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
1
Business type
Corporation
NAICS
523940, Portfolio Management and Investment Advice
Project location
Allegheny County, PA
SBA district office
Pittsburgh District Office
Congressional district
PA-18
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 52% 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.

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Same industry in Pennsylvania