SBA 7(a)Committed, not yet disbursed

LOUIE ROSADO ASSOCIATES INC

ALTAMONTE SPRINGS, FLGulf Coast Bank and Trust CompanyFurniture Merchant Wholesalers · NAICS 423210

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APPROVAL AMOUNT

$1,864,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2026-06-23

9.5% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$24,120

AT RATE

9.5%

recorded at approval

TOTAL INTEREST

$1,030,365

over 10 yrs

TOTAL REPAID

$2,894,365

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

ALTAMONTE SPRINGS, FL 32714

INDUSTRY

Furniture Merchant Wholesalers · NAICS 423210

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

9.5%

LOAN STATUS

Committed, not yet disbursed

CONGRESSIONAL DIST.

ALTAMONTE SPRINGS, FL 32714

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