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SBA 7(a)Committed, not yet disbursed

HVG Coffee On Beach LLC

JACKSONVILLE, FLFirst Federal BankSnack and Nonalcoholic Beverage Bars · NAICS 722515
APPROVAL AMOUNT
$1,440,000
PROGRAM
SBA 7(a)
21 years term
APPROVED
2026-04-27
8.25% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$12,042
AT RATE
8.25%
recorded at approval
TOTAL INTEREST
$1,594,642
over 21 yrs
TOTAL REPAID
$3,034,642

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
JACKSONVILLE, FL 32216
INDUSTRY
Snack and Nonalcoholic Beverage Bars · NAICS 722515
BUSINESS STRUCTURE
Corporation
LOAN TERM
21 years
INITIAL INTEREST RATE
8.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
04
JACKSONVILLE, FL 32216

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