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SBA 7(a)Committed, not yet disbursed

Healthiness Ridge LLC

BASKING RIDGE, NJQuaint Oak BankAll Other Health and Personal Care Retailers · NAICS 456199
APPROVAL AMOUNT
$916,000
PROGRAM
SBA 7(a)
11 years term
APPROVED
2026-04-29
9.25% rate
JOBS SUPPORTED
11
Borrower-reported

Estimated monthly payment

MONTHLY
$11,389
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$518,995
over 10.5 yrs
TOTAL REPAID
$1,434,995

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
BASKING RIDGE, NJ 07920
INDUSTRY
All Other Health and Personal Care Retailers · NAICS 456199
BUSINESS STRUCTURE
Corporation
LOAN TERM
11 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
07
BASKING RIDGE, NJ 07920

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