SBA 7(a)Active, details exempt

KMB ICE LLC

PALM HARBOR, FLThe Huntington National BankIce Cream and Frozen Dessert Manufacturing · NAICS 311520

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APPROVAL AMOUNT

$462,400

PROGRAM

SBA 7(a)

11 years term

APPROVED

2023-04-20

10.5% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$6,072

AT RATE

10.5%

recorded at approval

TOTAL INTEREST

$302,641

over 10.5 yrs

TOTAL REPAID

$765,041

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

PALM HARBOR, FL 34683

INDUSTRY

Ice Cream and Frozen Dessert Manufacturing · NAICS 311520

BUSINESS STRUCTURE

Corporation

LOAN TERM

11 years

INITIAL INTEREST RATE

10.5%

LOAN STATUS

Active, details exempt

CONGRESSIONAL DIST.

PALM HARBOR, FL 34683

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