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SBA 7(a)Committed, not yet disbursed

Douglas M. Smith & Company, CPAs

FRESNO, CAGrasshopper Bank National AssociationOffices of Certified Public Accountants · NAICS 541211
APPROVAL AMOUNT
$250,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-30
10.25% rate
JOBS SUPPORTED
8
Borrower-reported

Estimated monthly payment

MONTHLY
$3,338
AT RATE
10.25%
recorded at approval
TOTAL INTEREST
$150,617
over 10 yrs
TOTAL REPAID
$400,617

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
FRESNO, CA 93710
INDUSTRY
Offices of Certified Public Accountants · NAICS 541211
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
22
FRESNO, CA 93710

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