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SBA 7(a)Committed, not yet disbursed

Clovr Hills, LLC

FORT LAUDERDALE, FLBank of Oak RidgeClothing and Clothing Accessories Merchant Wholesalers · NAICS 424350
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APPROVAL AMOUNT
$100,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-05-28
9.25% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$1,280
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$53,639
over 10 yrs
TOTAL REPAID
$153,639

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
FORT LAUDERDALE, FL 33323
INDUSTRY
Clothing and Clothing Accessories Merchant Wholesalers · NAICS 424350
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
23
FORT LAUDERDALE, FL 33323

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