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SBA 7(a)Committed, not yet disbursed

JH BAKERY CAFE AIKEN LLC

AIKEN, SCShinhan Bank AmericaRetail Bakeries · NAICS 311811
APPROVAL AMOUNT
$900,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-12
7.75% rate
JOBS SUPPORTED
52
Borrower-reported

Estimated monthly payment

MONTHLY
$10,801
AT RATE
7.75%
recorded at approval
TOTAL INTEREST
$396,115
over 10 yrs
TOTAL REPAID
$1,296,115

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
AIKEN, SC 29803
INDUSTRY
Retail Bakeries · NAICS 311811
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
02
AIKEN, SC 29803

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