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SBA 7(a)Cancelled

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MERIDIAN, IDNewtek Bank, National AssociationBaked Goods Retailers · NAICS 445291
APPROVAL AMOUNT
$1,500,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-05-01
9.75% rate
JOBS SUPPORTED
85
Borrower-reported

Estimated monthly payment

MONTHLY
$19,616
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$853,864
over 10 yrs
TOTAL REPAID
$2,353,864

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
MERIDIAN, ID 83646
INDUSTRY
Baked Goods Retailers · NAICS 445291
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Cancelled
CONGRESSIONAL DIST.
01
MERIDIAN, ID 83646

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