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SBA 7(a)Committed, not yet disbursed

California Resale, LLC

SANTA MARIA, CALive Oak Banking CompanyClothing and Clothing Accessories Retailers · NAICS 458110
APPROVAL AMOUNT
$320,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-07-09
10.99% rate
JOBS SUPPORTED
21
Borrower-reported

Estimated monthly payment

MONTHLY
$4,406
AT RATE
10.99%
recorded at approval
TOTAL INTEREST
$208,743
over 10 yrs
TOTAL REPAID
$528,743

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
SANTA MARIA, CA 93455
INDUSTRY
Clothing and Clothing Accessories Retailers · NAICS 458110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.99%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
24
SANTA MARIA, CA 93455

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