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SBA 7(a)Committed, not yet disbursed

Four South Restaurant Group LLC

ROSWELL, GAReadycap Lending, LLCFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$1,304,000
PROGRAM
SBA 7(a)
11 years term
APPROVED
2026-06-24
9% rate
JOBS SUPPORTED
63
Borrower-reported

Estimated monthly payment

MONTHLY
$16,034
AT RATE
9%
recorded at approval
TOTAL INTEREST
$716,305
over 10.5 yrs
TOTAL REPAID
$2,020,305

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
ROSWELL, GA 30076
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
11 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
06
ROSWELL, GA 30076

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