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SBA 7(a)Committed, not yet disbursed

DK MEAT MARKET LLC

FORT MYERS, FLReadycap Lending, LLCSupermarkets and Other Grocery Retailers (except Convenience Retailers) · NAICS 445110
APPROVAL AMOUNT
$5,000,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-05-15
9.25% rate
JOBS SUPPORTED
42
Borrower-reported

Estimated monthly payment

MONTHLY
$64,016
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$2,681,963
over 10 yrs
TOTAL REPAID
$7,681,963

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
FORT MYERS, FL 33907
INDUSTRY
Supermarkets and Other Grocery Retailers (except Convenience Retailers) · NAICS 445110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
19
FORT MYERS, FL 33907

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