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SBA 7(a)Committed, not yet disbursed

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LAKE CITY, FLHarvest Small Business Finance, LLCFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$450,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-06-30
9.25% rate
JOBS SUPPORTED
13
Borrower-reported

Estimated monthly payment

MONTHLY
$3,854
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$706,115
over 25 yrs
TOTAL REPAID
$1,156,115

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
LAKE CITY, FL 32025
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Individual
LOAN TERM
25 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
02
LAKE CITY, FL 32025

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