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SBA 7(a)Committed, not yet disbursed

East Orchard Holdings LLC

SALT LAKE CITY, UTAlerus Financial, National AssociationBeauty Salons · NAICS 812112
APPROVAL AMOUNT
$380,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-10
8.75% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$4,666
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$198,627
over 10.3 yrs
TOTAL REPAID
$578,627

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
SALT LAKE CITY, UT 84106
INDUSTRY
Beauty Salons · NAICS 812112
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
02
SALT LAKE CITY, UT 84106

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