SBA 7(a)Committed, not yet disbursed

Mortenson Rexburg LLC

NIBLEY, UTCache Valley BankSnack and Nonalcoholic Beverage Bars · NAICS 722515

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APPROVAL AMOUNT

$200,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2026-06-26

9% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$2,534

AT RATE

recorded at approval

TOTAL INTEREST

$104,022

over 10 yrs

TOTAL REPAID

$304,022

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

NIBLEY, UT 84321

INDUSTRY

Snack and Nonalcoholic Beverage Bars · NAICS 722515

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

LOAN STATUS

Committed, not yet disbursed

CONGRESSIONAL DIST.

NIBLEY, UT 84321

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