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SBA 7(a)Committed, not yet disbursed

16 Handles

KATY, TXGlobal One BankSnack and Nonalcoholic Beverage Bars · NAICS 722515
APPROVAL AMOUNT
$350,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-05-18
8.75% rate
JOBS SUPPORTED
12
Borrower-reported

Estimated monthly payment

MONTHLY
$4,386
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$176,372
over 10 yrs
TOTAL REPAID
$526,372

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
KATY, TX 77494
INDUSTRY
Snack and Nonalcoholic Beverage Bars · NAICS 722515
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
10
KATY, TX 77494

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