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SBA 7(a)Committed, not yet disbursed

Gwendolyn Global, LLC

CALABASAS, CAQuaint Oak BankSnack and Nonalcoholic Beverage Bars · NAICS 722515
APPROVAL AMOUNT
$442,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2023-02-24
10.5% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$5,964
AT RATE
10.5%
recorded at approval
TOTAL INTEREST
$273,695
over 10 yrs
TOTAL REPAID
$715,695

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
CALABASAS, CA 91302
INDUSTRY
Snack and Nonalcoholic Beverage Bars · NAICS 722515
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
30
CALABASAS, CA 91302

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