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SBA 7(a)Committed, not yet disbursed

Jru, Inc

CHARLOTTE, NCMechanics and Farmers BankChild Care Services · NAICS 624410
APPROVAL AMOUNT
$1,318,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-04-30
6.99% rate
JOBS SUPPORTED
42
Borrower-reported

Estimated monthly payment

MONTHLY
$9,307
AT RATE
6.99%
recorded at approval
TOTAL INTEREST
$1,474,083
over 25 yrs
TOTAL REPAID
$2,792,083

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
CHARLOTTE, NC 28215
INDUSTRY
Child Care Services · NAICS 624410
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6.99%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
08
CHARLOTTE, NC 28215

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