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SBA 7(a)Committed, not yet disbursed

Freak Solar L.L.C.

ISABELA, PRBanco Popular de Puerto RicoSolar Electric Power Generation · NAICS 221114
APPROVAL AMOUNT
$427,500
PROGRAM
SBA 7(a)
20 years term
APPROVED
2026-06-30
9.75% rate
JOBS SUPPORTED
6
Borrower-reported

Estimated monthly payment

MONTHLY
$4,055
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$545,678
over 20 yrs
TOTAL REPAID
$973,178

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
ISABELA, PR 00662
INDUSTRY
Solar Electric Power Generation · NAICS 221114
BUSINESS STRUCTURE
Corporation
LOAN TERM
20 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
00
ISABELA, PR 00662

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