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SBA 7(a)Active, details exempt

HIATT'S FLORIST, INC

HARRISON, OHNewtek Bank, National AssociationFlorists · NAICS 459310
APPROVAL AMOUNT
$350,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-04-17
9.75% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$4,577
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$199,235
over 10 yrs
TOTAL REPAID
$549,235

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
HARRISON, OH 45030
INDUSTRY
Florists · NAICS 459310
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
01
HARRISON, OH 45030

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