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SBA 7(a)Current

Above The Bar Gymnastics Academy, LLC

Kemah, TXBank of America, National AssociationSports and Recreation Instruction · NAICS 611620
APPROVAL AMOUNT
$3,128,500
PROGRAM
SBA 7(a)
25 years term
APPROVED
2024-11-15
5.39% rate
JOBS SUPPORTED
30
Borrower-reported

Estimated monthly payment

MONTHLY
$19,007
AT RATE
5.39%
recorded at approval
TOTAL INTEREST
$2,573,527
over 25 yrs
TOTAL REPAID
$5,702,027

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
Kemah, TX 77565
INDUSTRY
Sports and Recreation Instruction · NAICS 611620
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
5.39%
LOAN STATUS
Current
Kemah, TX 77565

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