SBA 7(a)Active, details exempt

Finer Days Kentucky, LLC

RICHMOND, KYVelocitySBA, LLCResidential Intellectual and Developmental Disability Facilities · NAICS 623210

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APPROVAL AMOUNT

$746,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2026-03-17

9.75% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$9,755

AT RATE

9.75%

recorded at approval

TOTAL INTEREST

$424,655

over 10 yrs

TOTAL REPAID

$1,170,655

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

RICHMOND, KY 40475

INDUSTRY

Residential Intellectual and Developmental Disability Facilities · NAICS 623210

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

9.75%

LOAN STATUS

Active, details exempt

CONGRESSIONAL DIST.

RICHMOND, KY 40475

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