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SBA 7(a)Committed, not yet disbursed

IT'S BOBA TIME

NORTH HOLLYWOOD, CAOpen BankSnack and Nonalcoholic Beverage Bars · NAICS 722515
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APPROVAL AMOUNT
$657,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-25
8.25% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$8,058
AT RATE
8.25%
recorded at approval
TOTAL INTEREST
$309,993
over 10 yrs
TOTAL REPAID
$966,993

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
NORTH HOLLYWOOD, CA 91601
INDUSTRY
Snack and Nonalcoholic Beverage Bars · NAICS 722515
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
29
NORTH HOLLYWOOD, CA 91601

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