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SBA 7(a)Committed, not yet disbursed

Laure Nell, INC.

BOCA RATON, FLBank of America, National AssociationInterior Design Services · NAICS 541410
APPROVAL AMOUNT
$400,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-29
9.75% rate
JOBS SUPPORTED
6
Borrower-reported

Estimated monthly payment

MONTHLY
$5,231
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$227,697
over 10 yrs
TOTAL REPAID
$627,697

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
BOCA RATON, FL 33432
INDUSTRY
Interior Design Services · NAICS 541410
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
22
BOCA RATON, FL 33432

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