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SBA 7(a)Committed, not yet disbursed

JAYJALARAM LLC

WAPAKONETA, OHGBankHotels (except Casino Hotels) and Motels · NAICS 721110
APPROVAL AMOUNT
$2,999,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-06-22
8% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$23,147
AT RATE
8%
recorded at approval
TOTAL INTEREST
$3,945,031
over 25 yrs
TOTAL REPAID
$6,944,031

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
WAPAKONETA, OH 45895
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
8%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
04
WAPAKONETA, OH 45895

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