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SBA 7(a)Committed, not yet disbursed

Edward's Cigar Company LLC

WINSTON SALEM, NCCarolina Small Business Development FundTobacco, Electronic Cigarette, and Other Smoking Supplies Retailers · NAICS 459991
APPROVAL AMOUNT
$127,300
PROGRAM
SBA 7(a)
11 years term
APPROVED
2026-05-28
8.75% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$1,548
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$67,742
over 10.5 yrs
TOTAL REPAID
$195,042

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
WINSTON SALEM, NC 27103
INDUSTRY
Tobacco, Electronic Cigarette, and Other Smoking Supplies Retailers · NAICS 459991
BUSINESS STRUCTURE
Corporation
LOAN TERM
11 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
06
WINSTON SALEM, NC 27103

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