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SBA 7(a)Committed, not yet disbursed

BK Food and Liquor LLC

BASKING RIDGE, NJColumbia BankAll Other Specialty Food Retailers · NAICS 445298
APPROVAL AMOUNT
$1,825,000
PROGRAM
SBA 7(a)
26 years term
APPROVED
2026-04-20
9% rate
JOBS SUPPORTED
9
Borrower-reported

Estimated monthly payment

MONTHLY
$15,223
AT RATE
9%
recorded at approval
TOTAL INTEREST
$2,848,483
over 25.6 yrs
TOTAL REPAID
$4,673,483

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
BASKING RIDGE, NJ 07920
INDUSTRY
All Other Specialty Food Retailers · NAICS 445298
BUSINESS STRUCTURE
Corporation
LOAN TERM
26 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
07
BASKING RIDGE, NJ 07920

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