Lender intelligence
Financing a tax preparation services acquisition in Illinois
The SBA 7(a) lenders funding the most tax preparation services acquisitions in Illinois, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in tax preparation services · Illinois
Ranked by funded tax preparation services acquisitions in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.19 loans · $3M · Springfield, ILFull record →
- 2.1,296 loans · $1.4B · Wilmington, NCFull record →
3+ funded Tax Preparation Services in Illinois deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Mikaelson Tax Group LLC in Springfield, IL — $20K (2024) · purchase · Bank of Springfield
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% fixed
- Term
- 63 months
- SBA guaranteed
- $17K (85%)
- Approval → funding
- 35 days
- Approved
- 1/19/2024
- First disbursed
- 2/23/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Tax Preparation Services
If you were the buyer here
- Est. deal size
- $22K
- Est. down payment (10%)
- $2K
- Est. cash at closing
- $3K
- Monthly payment
- $404
- Annual debt service
- $5K
- Cash flow needed (1.25×)
- $6K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Bank of Springfield · Lender record →
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- GJM Advisory LLC in Kankakee, IL — $1.7M (2023) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 9% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.3M (75%)
- Approval → funding
- 9 days
- Approved
- 10/10/2022
- First disbursed
- 10/19/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 11
- Business age
- Change of Ownership
- Industry
- Tax Preparation Services
If you were the buyer here
- Est. deal size
- $1.9M
- Est. down payment (10%)
- $186K
- Est. cash at closing
- $256K
- Monthly payment
- $21,218
- Annual debt service
- $255K
- Cash flow needed (1.25×)
- $318K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- MyCPA Accounting Services, LLC in Mokena, IL — $335K (2023) · purchase · INB, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 10% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $251K (75%)
- Approved
- 8/22/2023
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Tax Preparation Services
If you were the buyer here
- Est. deal size
- $372K
- Est. down payment (10%)
- $37K
- Est. cash at closing
- $50K
- Monthly payment
- $4,427
- Annual debt service
- $53K
- Cash flow needed (1.25×)
- $66K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by INB, National Association
Your business? Claim this record · Request removal
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to tax preparation services businesses with a Illinois project address.
Agent summary
How to finance a tax preparation services acquisition in Illinois with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Illinois deals. Bank of Springfield funds the most here. DealRoom is not a lender.
- $362K typical loan
- 3 lenders active in Illinois
- 3+ funded Illinois deals
- 35 days typical to fund
Buyers buying a tax preparation services in Illinois typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
- Sources: