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SBA 7(a)Committed, not yet disbursed

Harmony Educational Services LLC

SPRINGVILLE, UTUMB Bank, National AssociationEducational Support Services · NAICS 611710
APPROVAL AMOUNT
$5,000,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-05-28
7.02% rate
JOBS SUPPORTED
150
Borrower-reported

Estimated monthly payment

MONTHLY
$58,106
AT RATE
7.02%
recorded at approval
TOTAL INTEREST
$1,972,695
over 10 yrs
TOTAL REPAID
$6,972,695

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
SPRINGVILLE, UT 84663
INDUSTRY
Educational Support Services · NAICS 611710
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7.02%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
03
SPRINGVILLE, UT 84663

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