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SBA 7(a)Active, details exempt

Garage Force of Orlando West

OCOEE, FLFirst Bank of the LakeResidential Remodelers · NAICS 236118
APPROVAL AMOUNT
$434,300
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-04-09
9.25% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$5,560
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$232,955
over 10 yrs
TOTAL REPAID
$667,255

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
OCOEE, FL 34761
INDUSTRY
Residential Remodelers · NAICS 236118
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
10
OCOEE, FL 34761

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