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SBA 7(a)Active, details exempt

MHK12118 INC

GARDEN GROVE, CAShinhan Bank AmericaFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$2,600,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-04-21
7.5% rate
JOBS SUPPORTED
32
Borrower-reported

Estimated monthly payment

MONTHLY
$19,214
AT RATE
7.5%
recorded at approval
TOTAL INTEREST
$3,164,131
over 25 yrs
TOTAL REPAID
$5,764,131

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
GARDEN GROVE, CA 92840
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
7.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
46
GARDEN GROVE, CA 92840

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