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SBA 7(a)Committed, not yet disbursed

KOTLA Incorporated

VENTURA, CARoyal Business BankLimited-Service Restaurants · NAICS 722513
APPROVAL AMOUNT
$1,225,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-04-28
8.5% rate
JOBS SUPPORTED
19
Borrower-reported

Estimated monthly payment

MONTHLY
$15,188
AT RATE
8.5%
recorded at approval
TOTAL INTEREST
$597,590
over 10 yrs
TOTAL REPAID
$1,822,590

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
VENTURA, CA 93003
INDUSTRY
Limited-Service Restaurants · NAICS 722513
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
24
VENTURA, CA 93003

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