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SBA 7(a)Committed, not yet disbursed

Heavy Stone Rings LLC

VINEYARD, UTCentral BankJewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers · NAICS 423940
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APPROVAL AMOUNT
$500,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-15
9.5% rate
JOBS SUPPORTED
36
Borrower-reported

Estimated monthly payment

MONTHLY
$6,470
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$276,385
over 10 yrs
TOTAL REPAID
$776,385

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
VINEYARD, UT 84059
INDUSTRY
Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers · NAICS 423940
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
03
VINEYARD, UT 84059

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