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SBA 7(a)Active, details exempt

L3 Training LLC

WAKE FOREST, NCPinnacle BankFitness and Recreational Sports Centers · NAICS 713940
APPROVAL AMOUNT
$546,000
PROGRAM
SBA 7(a)
11 years term
APPROVED
2026-04-09
8.75% rate
JOBS SUPPORTED
9
Borrower-reported

Estimated monthly payment

MONTHLY
$6,639
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$290,550
over 10.5 yrs
TOTAL REPAID
$836,550

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
WAKE FOREST, NC 27587
INDUSTRY
Fitness and Recreational Sports Centers · NAICS 713940
BUSINESS STRUCTURE
Corporation
LOAN TERM
11 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
04
WAKE FOREST, NC 27587

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