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SBA 7(a)Committed, not yet disbursed

CROSSROADS COFFEE, INC.

MONTGOMERY, TXSimmons BankSnack and Nonalcoholic Beverage Bars · NAICS 722515
APPROVAL AMOUNT
$470,600
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-30
9.75% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$6,065
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$275,442
over 10.3 yrs
TOTAL REPAID
$746,042

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
MONTGOMERY, TX 77356
INDUSTRY
Snack and Nonalcoholic Beverage Bars · NAICS 722515
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
08
MONTGOMERY, TX 77356

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