SBA 7(a)Committed, not yet disbursed

JRMACOST LLC

GAINESVILLE, FLRenasant BankSnack and Nonalcoholic Beverage Bars · NAICS 722515

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APPROVAL AMOUNT

$1,427,000

PROGRAM

SBA 7(a)

26 years term

APPROVED

2026-01-29

8.75% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$11,608

AT RATE

8.75%

recorded at approval

TOTAL INTEREST

$2,194,823

over 26 yrs

TOTAL REPAID

$3,621,823

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

GAINESVILLE, FL 32608

INDUSTRY

Snack and Nonalcoholic Beverage Bars · NAICS 722515

BUSINESS STRUCTURE

Corporation

LOAN TERM

26 years

INITIAL INTEREST RATE

8.75%

LOAN STATUS

Committed, not yet disbursed

CONGRESSIONAL DIST.

GAINESVILLE, FL 32608

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