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SBA 7(a)Committed, not yet disbursed

MOTION MOMENTOUS, INC.

VAN NUYS, CAEast West BankMotor Vehicle Supplies and New Parts Merchant Wholesalers · NAICS 423120
APPROVAL AMOUNT
$45,000
PROGRAM
SBA 7(a)
5 years term
APPROVED
2026-06-26
9.75% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$951
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$12,035
over 5 yrs
TOTAL REPAID
$57,035

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
VAN NUYS, CA 91411
INDUSTRY
Motor Vehicle Supplies and New Parts Merchant Wholesalers · NAICS 423120
BUSINESS STRUCTURE
Corporation
LOAN TERM
5 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
29
VAN NUYS, CA 91411

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