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SBA 7(a)Committed, not yet disbursed

Certified Restaurant Services, Inc.

BRANDON, FLThe Bancorp Bank National AssociationCommercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance · NAICS 811310
APPROVAL AMOUNT
$1,431,700
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-09
7.75% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$17,182
AT RATE
7.75%
recorded at approval
TOTAL INTEREST
$630,131
over 10 yrs
TOTAL REPAID
$2,061,831

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
BRANDON, FL 33510
INDUSTRY
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance · NAICS 811310
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
15
BRANDON, FL 33510

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