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SBA 7(a)Committed, not yet disbursed

Clothing World

COLUMBIA, SCUnited Community BankClothing and Clothing Accessories Retailers · NAICS 458110
APPROVAL AMOUNT
$3,225,000
PROGRAM
SBA 7(a)
17 years term
APPROVED
2026-06-09
7.25% rate
JOBS SUPPORTED
19
Borrower-reported

Estimated monthly payment

MONTHLY
$27,614
AT RATE
7.25%
recorded at approval
TOTAL INTEREST
$2,380,735
over 16.9 yrs
TOTAL REPAID
$5,605,735

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
COLUMBIA, SC 29229
INDUSTRY
Clothing and Clothing Accessories Retailers · NAICS 458110
BUSINESS STRUCTURE
Corporation
LOAN TERM
17 years
INITIAL INTEREST RATE
7.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
02
COLUMBIA, SC 29229

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