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SBA 7(a)Current

Dare Vegan Cheese, LLC

Weaverville, NCMountain Bizcapital, Inc.All Other Miscellaneous Food Manufacturing · NAICS 311999
APPROVAL AMOUNT
$150,000
PROGRAM
SBA 7(a)
8 years term
APPROVED
2023-12-09
8.5% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$2,159
AT RATE
8.5%
recorded at approval
TOTAL INTEREST
$57,247
over 8 yrs
TOTAL REPAID
$207,247

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
Weaverville, NC 28787
INDUSTRY
All Other Miscellaneous Food Manufacturing · NAICS 311999
BUSINESS STRUCTURE
Corporation
LOAN TERM
8 years
INITIAL INTEREST RATE
8.5%
LOAN STATUS
Current
Weaverville, NC 28787

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