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SBA 7(a)Committed, not yet disbursed

Almacenes Arocho Irizarry

SAN SEBASTIAN, PRFirstBank Puerto RicoHousehold Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers · NAICS 423620
APPROVAL AMOUNT
$50,000
PROGRAM
SBA 7(a)
5 years term
APPROVED
2026-06-29
8.5% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$1,026
AT RATE
8.5%
recorded at approval
TOTAL INTEREST
$11,550
over 5 yrs
TOTAL REPAID
$61,550

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
SAN SEBASTIAN, PR 00685
INDUSTRY
Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers · NAICS 423620
BUSINESS STRUCTURE
Individual
LOAN TERM
5 years
INITIAL INTEREST RATE
8.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
00
SAN SEBASTIAN, PR 00685
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