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SBA 7(a)Committed, not yet disbursed

La Stella Italian Steakhouse & Lounge

DALLAS, TXMonterey County BankFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$1,511,900
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-05-28
9.5% rate
JOBS SUPPORTED
96
Borrower-reported

Estimated monthly payment

MONTHLY
$19,564
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$835,734
over 10 yrs
TOTAL REPAID
$2,347,634

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
DALLAS, TX 75254
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
24
DALLAS, TX 75254

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