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SBA 7(a)Active, details exempt

Liberation Technology Services, Inc.

TAMPA, FLNewtek Bank, National AssociationComputing Infrastructure Providers, Data Processing, Web Hosting, and Related Services · NAICS 518210
APPROVAL AMOUNT
$4,700,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2024-01-13
11.5% rate
JOBS SUPPORTED
17
Borrower-reported

Estimated monthly payment

MONTHLY
$47,774
AT RATE
11.5%
recorded at approval
TOTAL INTEREST
$9,632,212
over 25 yrs
TOTAL REPAID
$14,332,212

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
TAMPA, FL 33606
INDUSTRY
Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services · NAICS 518210
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
11.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
14
TAMPA, FL 33606

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