Offices of Certified Public Accountants acquisitions in Virginia: SBA loan data
Since FY2018, SBA lenders have approved 16 7(a) loans to buy an existing business classified as Offices of Certified Public Accountants in Virginia, totaling $11.1M. The median loan was $485,000. That is 1.9% of the 849 acquisition loans in Virginia.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsSBA-financed deals. All 50 states.
How this compares
The median Offices of Certified Public Accountants loan in Virginia is 33% lower than the $719,000 median for all Virginia acquisitions, and in line with the $495,000 median for Offices of Certified Public Accountants acquisitions nationwide (620 loans).
This combination has too few seasoned loans for a reliable charge-off rate. Nationally, 2.9% of seasoned Offices of Certified Public Accountants acquisition loans were charged off, and 3.6% of seasoned Virginia acquisition loans of any type.
Offices of Certified Public Accountants acquisition loans in Virginia by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 3 | $1.1M | $296,800 | |
| FY2019 | 0 | $0 | - | |
| FY2020 | 1 | $155K | $155,000 | |
| FY2021 | 2 | $1.1M | $552,500 | |
| FY2022 | 0 | $0 | - | |
| FY2023 | 3 | $4.7M | $2,037,000 | |
| FY2024 | 3 | $1.3M | $412,000 | |
| FY2025 | 2 | $2M | $980,000 | |
| FY2026 | 2 | $700K | $350,000 |
How often do these acquisition loans fail?
Fewer than 20 Offices of Certified Public Accountants in Virginia acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. 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.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 7 | 43.8% | $4.9M | |
| 2 | The Huntington National Bank | 2 | 12.5% | $930K | |
| 3 | Regions Bank | 2 | 12.5% | $372K | |
| 4 | Bank of Clarke | 1 | 6.3% | $2M | |
| 5 | United Midwest Savings Bank National Association | 1 | 6.3% | $1.5M |
Top franchise brands
No franchise brands recorded in this combination.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentFree consultation. All 50 states.
Questions buyers ask
How much do SBA loans for Offices of Certified Public Accountants acquisitions in Virginia run?
The median SBA 7(a) loan was $485,000 across 16 loans (FY2018 to FY2026). The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance Offices of Certified Public Accountants acquisitions in Virginia?
Live Oak Banking Company (7), The Huntington National Bank (2), Regions Bank (2), Bank of Clarke (1), United Midwest Savings Bank National Association (1).
How often do Offices of Certified Public Accountants acquisition loans fail in Virginia?
Fewer than 20 loans in this combination are old enough to measure losses reliably, so no rate is shown. The national benchmark for all SBA acquisition loans is 3.5% (FY2018 to FY2021 cohort).
Are franchised businesses part of Offices of Certified Public Accountants acquisitions in Virginia?
None of the 16 loans in this combination were recorded with a franchise brand.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- All Virginia acquisitions
- Financing one? How to get an SBA loan to buy a CPA firm
- Offices of Certified Public Accountants nationally
- 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
- Offices of Certified Public Accountants in Illinois
- Offices of Certified Public Accountants in Ohio
- Offices of Certified Public Accountants in Washington
- Offices of Certified Public Accountants in Colorado
- Hotels and Motels in Virginia
- Limited-Service Restaurants in Virginia
- Full-Service Restaurants in Virginia
- All Other Specialty Trade Contractors in Virginia
- Home Health Care Services in Virginia
- General Automotive Repair in Virginia
- Fitness and Recreational Sports Centers in Virginia
- Child Care Services in Virginia
Small samples move a lot: each loan in this combination is 6% of the count. Industry is the NAICS code the lender recorded. See the methodology.