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SBA 7(a)Current

California Recovery Centers LLC

Newhall, CACommonwealth Business BankOutpatient Mental Health and Substance Abuse Centers · NAICS 621420
APPROVAL AMOUNT
$863,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-09-07
7.5% rate
JOBS SUPPORTED
13
Borrower-reported

Estimated monthly payment

MONTHLY
$10,244
AT RATE
7.5%
recorded at approval
TOTAL INTEREST
$366,276
over 10 yrs
TOTAL REPAID
$1,229,276

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
Newhall, CA 91321
INDUSTRY
Outpatient Mental Health and Substance Abuse Centers · NAICS 621420
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7.5%
LOAN STATUS
Current
Newhall, CA 91321

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