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SBA 7(a)Current

Culver West LP

Playa Del Rey, CAMonterey County BankFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$1,125,000
PROGRAM
SBA 7(a)
13 years term
APPROVED
2013-07-29
6% rate
JOBS SUPPORTED
27
Borrower-reported

Estimated monthly payment

MONTHLY
$10,403
AT RATE
6%
recorded at approval
TOTAL INTEREST
$497,890
over 13 yrs
TOTAL REPAID
$1,622,890

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
Playa Del Rey, CA 90293
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Partnership
LOAN TERM
13 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Current
Playa Del Rey, CA 90293

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