Offices of Certified Public Accountants: SBA business acquisition loan data
620 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Offices of Certified Public Accountants (NAICS 541211), totaling $457M. Median loan $495,000, 23% lower than the all-acquisition median. Annual volume rose 25% from FY2024 to FY2026.
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Reading this industry's numbers
- Deal size. The loan excludes the buyer's equity and any seller note and may include working capital. A loan request far above $933,625 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is 1.3% of all SBA-financed business purchases, ranking #14 of 300 industries tracked.
- Geography. Florida leads with 72 loans; the top five states account for 42% of the industry's acquisitions.
- Jobs. Lenders reported 4,104 jobs supported across these loans, about 6.6 per acquisition, a rough proxy for the size of business changing hands.
Offices of Certified Public Accountants acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 41 | $20.1M | $301,000 | |
| FY2019 | 48 | $27.9M | $441,500 | |
| FY2020 | 69 | $44.2M | $430,000 | |
| FY2021 | 83 | $48.3M | $500,000 | |
| FY2022 | 59 | $44.7M | $430,500 | |
| FY2023 | 53 | $47.9M | $500,000 | |
| FY2024 | 81 | $70.3M | $500,000 | |
| FY2025 | 85 | $62.8M | $500,000 | |
| FY2026 | 101 | $90.8M | $575,000 |
How often do these acquisition loans fail?
Of the 241 Offices of Certified Public Accountants acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 7 have been charged off by the SBA, a rate of 2.9% by loan count and 2.2% by dollars. 123 have already been paid in full.
For comparison, the charge-off rate across all SBA 7(a) acquisition loans in the same cohort is 3.5%, so Offices of Certified Public Accountants is 18% lower than the acquisition-loan average. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
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Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Florida | 72 | 11.6% | $59M | |
| 2 | California | 59 | 9.5% | $57.8M | |
| 3 | Texas | 57 | 9.2% | $42M | |
| 4 | North Carolina | 40 | 6.5% | $22.7M | |
| 5 | Illinois | 33 | 5.3% | $27.3M | |
| 6 | Ohio | 31 | 5.0% | $30.3M | |
| 7 | Washington | 21 | 3.4% | $22.4M | |
| 8 | Colorado | 21 | 3.4% | $15.5M | |
| 9 | Indiana | 21 | 3.4% | $15.5M | |
| 10 | Arizona | 21 | 3.4% | $13.3M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 181 | 29.2% | $142M | |
| 2 | United Midwest Savings Bank National Association | 38 | 6.1% | $34.2M | |
| 3 | The Huntington National Bank | 36 | 5.8% | $26.1M | |
| 4 | U.S. Bank, National Association | 19 | 3.1% | $16.7M | |
| 5 | Wells Fargo Bank National Association | 13 | 2.1% | $7.9M | |
| 6 | BMO Bank National Association | 10 | 1.6% | $6.1M | |
| 7 | Customers Bank | 10 | 1.6% | $5.2M | |
| 8 | Plumas Bank | 8 | 1.3% | $2.2M | |
| 9 | Bank of America, National Association | 7 | 1.1% | $5.9M | |
| 10 | The Bancorp Bank National Association | 7 | 1.1% | $5.1M |
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Franchise brands in Offices of Certified Public Accountants
1% of acquisition loans in this industry involved a franchised unit. Brands with the most SBA-financed resales:
| # | Brand | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Padgett Business Services | 2 | 50.0% | $515K |
Questions buyers ask
How much is a typical SBA loan to buy a business in Offices of Certified Public Accountants?
Median $495,000 across 620 acquisition loans (FY2018 to FY2026); the middle half ran $270,000 to $933,625. That is 23% lower than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Offices of Certified Public Accountants acquisitions?
Live Oak Banking Company (181), United Midwest Savings Bank National Association (38), The Huntington National Bank (36), U.S. Bank, National Association (19), Wells Fargo Bank National Association (13).
Are businesses in Offices of Certified Public Accountants often franchised?
Rarely. Only 1% of acquisition loans in this industry involved a franchised business; most are independent operators.
How risky are SBA loans for buying a business in Offices of Certified Public Accountants?
Of 241 seasoned loans (FY2018 to FY2021), 2.9% charged off, 18% lower than the 3.5% benchmark for all SBA acquisition loans.
What loan terms are common for Offices of Certified Public Accountants acquisitions?
Median term 10 years, average initial rate 7.69% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
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Related
- Offices of Certified Public Accountants in Florida
- Offices of Certified Public Accountants in California
- Offices of Certified Public Accountants in Texas
- Offices of Certified Public Accountants in North Carolina
- Live Oak Banking Company
- United Midwest Savings Bank National Association
- The Huntington National Bank
- All industries