SBA 7(a)Paid in Full

Estate Coffee LLC

Pacific Palisades, CACity National BankSnack and Nonalcoholic Beverage Bars · NAICS 722515

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APPROVAL AMOUNT

$500,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2018-09-19

7.75% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$6,001

AT RATE

7.75%

recorded at approval

TOTAL INTEREST

$220,064

over 10 yrs

TOTAL REPAID

$720,064

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

Pacific Palisades, CA 90272

INDUSTRY

Snack and Nonalcoholic Beverage Bars · NAICS 722515

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

7.75%

LOAN STATUS

Paid in Full

Pacific Palisades, CA 90272

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