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SBA 7(a)Committed, not yet disbursed

IZUMI IN, LLC

WEST LAFAYETTE, INThe Huntington National BankFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$966,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-05-14
9% rate
JOBS SUPPORTED
20
Borrower-reported

Estimated monthly payment

MONTHLY
$12,237
AT RATE
9%
recorded at approval
TOTAL INTEREST
$502,426
over 10 yrs
TOTAL REPAID
$1,468,426

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
WEST LAFAYETTE, IN 47906
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
04
WEST LAFAYETTE, IN 47906

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