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SBA 7(a)Committed, not yet disbursed

ADVANCE INVESTMENTS LLC

ATWATER, CALive Oak Banking CompanyLessors of Miniwarehouses and Self-Storage Units · NAICS 531130
APPROVAL AMOUNT
$500,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-11-15
7.25% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$5,870
AT RATE
7.25%
recorded at approval
TOTAL INTEREST
$204,406
over 10 yrs
TOTAL REPAID
$704,406

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
ATWATER, CA 95301
INDUSTRY
Lessors of Miniwarehouses and Self-Storage Units · NAICS 531130
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
16
ATWATER, CA 95301

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