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SBA 7(a)Committed, not yet disbursed

JCR Custom Cabinets LLC

CORNELIUS, NCInstitute Capital, Inc.Wood Kitchen Cabinet and Countertop Manufacturing · NAICS 337110
APPROVAL AMOUNT
$170,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2026-04-23
9% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$2,735
AT RATE
9%
recorded at approval
TOTAL INTEREST
$59,752
over 7 yrs
TOTAL REPAID
$229,752

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
CORNELIUS, NC 28031
INDUSTRY
Wood Kitchen Cabinet and Countertop Manufacturing · NAICS 337110
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
12
CORNELIUS, NC 28031

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