Find Lenders
SBA 7(a)Active, details exempt

Destination CLEs

RIO RANCHO, NMNewtek Bank, National AssociationTravel Agencies · NAICS 561510
APPROVAL AMOUNT
$250,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-03-03
9.75% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$3,269
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$142,311
over 10 yrs
TOTAL REPAID
$392,311

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
RIO RANCHO, NM 87144
INDUSTRY
Travel Agencies · NAICS 561510
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
01
RIO RANCHO, NM 87144

Other loans from this lender · Newtek Bank, National Association

View all 12,006 loans from Newtek Bank, National Association

Nearby loans · within 10 miles