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SBA 7(a)Active, details exempt

Adesso Capital

SCOTTSDALE, AZNewtek Bank, National AssociationAdministrative Management and General Management Consulting Services · NAICS 541611
APPROVAL AMOUNT
$5,000,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-04-29
9.75% rate
JOBS SUPPORTED
40
Borrower-reported

Estimated monthly payment

MONTHLY
$65,385
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$2,846,215
over 10 yrs
TOTAL REPAID
$7,846,215

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
SCOTTSDALE, AZ 85260
INDUSTRY
Administrative Management and General Management Consulting Services · NAICS 541611
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
06
SCOTTSDALE, AZ 85260

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