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SBA 7(a)Active, details exempt

MELMAR RESTAURANTS INC. AZ PHX1

PHOENIX, AZFWBankLimited-Service Restaurants · NAICS 722513
APPROVAL AMOUNT
$4,953,700
PROGRAM
SBA 7(a)
26 years term
APPROVED
2026-03-30
8.75% rate
JOBS SUPPORTED
80
Borrower-reported

Estimated monthly payment

MONTHLY
$40,435
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$7,500,403
over 25.7 yrs
TOTAL REPAID
$12,454,103

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
PHOENIX, AZ 85035
INDUSTRY
Limited-Service Restaurants · NAICS 722513
BUSINESS STRUCTURE
Corporation
LOAN TERM
26 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
03
PHOENIX, AZ 85035

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