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SBA 7(a)Committed, not yet disbursed

BOOMER ENTERPRISES INC

HOUSTON, TXCenterstone SBA Lending, Inc.Flooring Contractors · NAICS 238330
APPROVAL AMOUNT
$1,755,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-22
8.75% rate
JOBS SUPPORTED
28
Borrower-reported

Estimated monthly payment

MONTHLY
$21,995
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$884,381
over 10 yrs
TOTAL REPAID
$2,639,381

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
HOUSTON, TX 77070
INDUSTRY
Flooring Contractors · NAICS 238330
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
02
HOUSTON, TX 77070

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