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SBA 7(a)Active, details exempt

1. PUNJAB GROCERY BAZAAR 2. CHAII TWIST 3. PRABHU SWEETS

KENT, WACommonwealth Business BankAll Other Specialty Food Retailers · NAICS 445298
APPROVAL AMOUNT
$2,477,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-04-29
8% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$19,118
AT RATE
8%
recorded at approval
TOTAL INTEREST
$3,258,366
over 25 yrs
TOTAL REPAID
$5,735,366

Computed from this loan's recorded initial rate and term. Most 7(a) rates are variable and reset with the base rate, so the real schedule drifts from this, and SBA guaranty fees and closing costs are not included. Adjust the assumptions.

Loan details & location

LOCATION
KENT, WA 98031
INDUSTRY
All Other Specialty Food Retailers · NAICS 445298
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
8%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
08
KENT, WA 98031

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