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SBA 7(a)Undisbursed

LNB Consulting

Pacific Palisades, CANewtek Bank, National AssociationAdministrative Management and General Management Consulting Services · NAICS 541611
APPROVAL AMOUNT
$500,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-02-20
10.5% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$6,747
AT RATE
10.5%
recorded at approval
TOTAL INTEREST
$309,610
over 10 yrs
TOTAL REPAID
$809,610

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
Pacific Palisades, CA 90272
INDUSTRY
Administrative Management and General Management Consulting Services · NAICS 541611
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.5%
LOAN STATUS
Undisbursed
Pacific Palisades, CA 90272

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