SBA 7(a)Committed, not yet disbursed

Ice Cream Manhattan 1 LLC

NEW YORK, NYFWBankSnack and Nonalcoholic Beverage Bars · NAICS 722515

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APPROVAL AMOUNT

$718,500

PROGRAM

SBA 7(a)

11 years term

APPROVED

2026-06-10

8.75% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$8,737

AT RATE

8.75%

recorded at approval

TOTAL INTEREST

$382,345

over 10.5 yrs

TOTAL REPAID

$1,100,845

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

NEW YORK, NY 10012

INDUSTRY

Snack and Nonalcoholic Beverage Bars · NAICS 722515

BUSINESS STRUCTURE

Corporation

LOAN TERM

11 years

INITIAL INTEREST RATE

8.75%

LOAN STATUS

Committed, not yet disbursed

CONGRESSIONAL DIST.

NEW YORK, NY 10012

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