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SBA 7(a)Active, details exempt

Bubble Bath Carwash LLC

TORRANCE, CAHarvest Small Business Finance, LLCCar Washes · NAICS 811192
APPROVAL AMOUNT
$2,167,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2025-03-26
10% rate
JOBS SUPPORTED
20
Borrower-reported

Estimated monthly payment

MONTHLY
$19,692
AT RATE
10%
recorded at approval
TOTAL INTEREST
$3,740,464
over 25 yrs
TOTAL REPAID
$5,907,464

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
TORRANCE, CA 90501
INDUSTRY
Car Washes · NAICS 811192
BUSINESS STRUCTURE
Individual
LOAN TERM
25 years
INITIAL INTEREST RATE
10%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
43
TORRANCE, CA 90501

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