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SBA 7(a)Committed, not yet disbursed

DAVIS FAMILY SWIM SCHOOL INC.

BONITA SPRINGS, FLLake Forest Bank & Trust Company, National AssociationFitness and Recreational Sports Centers · NAICS 713940
APPROVAL AMOUNT
$1,240,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-05-07
6.5% rate
JOBS SUPPORTED
45
Borrower-reported

Estimated monthly payment

MONTHLY
$14,080
AT RATE
6.5%
recorded at approval
TOTAL INTEREST
$449,594
over 10 yrs
TOTAL REPAID
$1,689,594

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
BONITA SPRINGS, FL 34135
INDUSTRY
Fitness and Recreational Sports Centers · NAICS 713940
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
19
BONITA SPRINGS, FL 34135

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