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SBA 7(a)Committed, not yet disbursed

Kiddie Academy of Montgomeryville

NORTH WALES, PAReadycap Lending, LLCChild Care Services · NAICS 624410
APPROVAL AMOUNT
$2,387,500
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-06-02
8.5% rate
JOBS SUPPORTED
25
Borrower-reported

Estimated monthly payment

MONTHLY
$19,225
AT RATE
8.5%
recorded at approval
TOTAL INTEREST
$3,379,939
over 25 yrs
TOTAL REPAID
$5,767,439

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
NORTH WALES, PA 19454
INDUSTRY
Child Care Services · NAICS 624410
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
8.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
01
NORTH WALES, PA 19454

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