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SBA 7(a)Committed, not yet disbursed

234 Old Stage LLC

EAST BRUNSWICK, NJNew Millennium BankConvenience Retailers · NAICS 445131
APPROVAL AMOUNT
$880,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-06-09
7.75% rate
JOBS SUPPORTED
8
Borrower-reported

Estimated monthly payment

MONTHLY
$6,647
AT RATE
7.75%
recorded at approval
TOTAL INTEREST
$1,114,068
over 25 yrs
TOTAL REPAID
$1,994,068

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
EAST BRUNSWICK, NJ 08816
INDUSTRY
Convenience Retailers · NAICS 445131
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
7.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
06
EAST BRUNSWICK, NJ 08816

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