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SBA 7(a)Committed, not yet disbursed

Eckstein Legacy Corporation

PROSPER, TXFirst Bank of the LakeOther Personal Care Services · NAICS 812199
APPROVAL AMOUNT
$4,999,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-03
8.75% rate
JOBS SUPPORTED
75
Borrower-reported

Estimated monthly payment

MONTHLY
$62,651
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$2,519,101
over 10 yrs
TOTAL REPAID
$7,518,101

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
PROSPER, TX 75078
INDUSTRY
Other Personal Care Services · NAICS 812199
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
03
PROSPER, TX 75078

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