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SBA 7(a)Active, details exempt

Caroline's Promise Learning LLC

SPRING, TXLive Oak Banking CompanyChild and Youth Services · NAICS 624110
APPROVAL AMOUNT
$4,810,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-04-17
7.25% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$34,767
AT RATE
7.25%
recorded at approval
TOTAL INTEREST
$5,620,103
over 25 yrs
TOTAL REPAID
$10,430,103

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
SPRING, TX 77379
INDUSTRY
Child and Youth Services · NAICS 624110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
7.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
02
SPRING, TX 77379

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