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SBA 7(a)Committed, not yet disbursed

Coreworks Holdings LLC

COLUMBIA, MDGrasshopper Bank National AssociationFitness and Recreational Sports Centers · NAICS 713940
APPROVAL AMOUNT
$589,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-30
9.5% rate
JOBS SUPPORTED
22
Borrower-reported

Estimated monthly payment

MONTHLY
$7,622
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$325,582
over 10 yrs
TOTAL REPAID
$914,582

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, MD 21045
INDUSTRY
Fitness and Recreational Sports Centers · NAICS 713940
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
02
COLUMBIA, MD 21045

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