SBA 7(a)Active, details exempt

HAIR PLUS & BEAULAB INC

DULUTH, GALoyal Trust BankCosmetics, Beauty Supplies, and Perfume Retailers · NAICS 456120

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APPROVAL AMOUNT

$2,415,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2026-02-26

8.25% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$29,621

AT RATE

8.25%

recorded at approval

TOTAL INTEREST

$1,139,473

over 10 yrs

TOTAL REPAID

$3,554,473

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

DULUTH, GA 30096

INDUSTRY

Cosmetics, Beauty Supplies, and Perfume Retailers · NAICS 456120

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

8.25%

LOAN STATUS

Active, details exempt

CONGRESSIONAL DIST.

DULUTH, GA 30096

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