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SBA 7(a)Committed, not yet disbursed

MARTINI LUNCH LLC

MOUNT VERNON, WAMountain Pacific BankFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$235,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-05-29
9.25% rate
JOBS SUPPORTED
9
Borrower-reported

Estimated monthly payment

MONTHLY
$2,012
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$368,749
over 25 yrs
TOTAL REPAID
$603,749

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
MOUNT VERNON, WA 98273
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
01
MOUNT VERNON, WA 98273

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