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SBA 7(a)Active, details exempt

Johnnie's LA LLC

DOWNEY, CALive Oak Banking CompanyAutomotive Body, Paint, and Interior Repair and Maintenance · NAICS 811121
APPROVAL AMOUNT
$5,000,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-02-06
7.5% rate
JOBS SUPPORTED
67
Borrower-reported

Estimated monthly payment

MONTHLY
$36,950
AT RATE
7.5%
recorded at approval
TOTAL INTEREST
$6,084,868
over 25 yrs
TOTAL REPAID
$11,084,868

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
DOWNEY, CA 90241
INDUSTRY
Automotive Body, Paint, and Interior Repair and Maintenance · NAICS 811121
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
7.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
38
DOWNEY, CA 90241

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