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SBA 7(a)Active, details exempt

Marmaduke's Munchies LLC

KINGWOOD, TXThe Huntington National BankPet and Pet Supplies Retailers · NAICS 459910
APPROVAL AMOUNT
$1,072,500
PROGRAM
SBA 7(a)
11 years term
APPROVED
2022-03-25
5.75% rate
JOBS SUPPORTED
23
Borrower-reported

Estimated monthly payment

MONTHLY
$11,166
AT RATE
5.75%
recorded at approval
TOTAL INTEREST
$367,890
over 10.8 yrs
TOTAL REPAID
$1,440,390

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
KINGWOOD, TX 77345
INDUSTRY
Pet and Pet Supplies Retailers · NAICS 459910
BUSINESS STRUCTURE
Corporation
LOAN TERM
11 years
INITIAL INTEREST RATE
5.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
02
KINGWOOD, TX 77345

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