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SBA 7(a)CANCLD

MAESTRO MEDIA VENTURES, INC.

Pacific Palisades, CANewtek Bank, National AssociationToy and Hobby Goods and Supplies Merchant Wholesalers · NAICS 423920
APPROVAL AMOUNT
$1,650,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-07-11
11.5% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$23,198
AT RATE
11.5%
recorded at approval
TOTAL INTEREST
$1,133,790
over 10 yrs
TOTAL REPAID
$2,783,790

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
Toy and Hobby Goods and Supplies Merchant Wholesalers · NAICS 423920
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11.5%
LOAN STATUS
CANCLD
Pacific Palisades, CA 90272

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