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SBA 7(a)Active, details exempt

Boutiquely Fashions LLC

WINTER HAVEN, FLThe Huntington National BankClothing and Clothing Accessories Retailers · NAICS 458110
APPROVAL AMOUNT
$186,700
PROGRAM
SBA 7(a)
10 years term
APPROVED
2023-05-31
10.75% rate
JOBS SUPPORTED
8
Borrower-reported

Estimated monthly payment

MONTHLY
$2,545
AT RATE
10.75%
recorded at approval
TOTAL INTEREST
$118,753
over 10 yrs
TOTAL REPAID
$305,453

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
WINTER HAVEN, FL 33880
INDUSTRY
Clothing and Clothing Accessories Retailers · NAICS 458110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
09
WINTER HAVEN, FL 33880

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