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SBA 7(a)Current

NB Brands LLC

Warrensville Heights, OHPNC Bank, National AssociationOther Miscellaneous Nondurable Goods Merchant Wholesalers · NAICS 424990
APPROVAL AMOUNT
$3,470,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-09-30
7% rate
JOBS SUPPORTED
32
Borrower-reported

Estimated monthly payment

MONTHLY
$40,290
AT RATE
7%
recorded at approval
TOTAL INTEREST
$1,364,757
over 10 yrs
TOTAL REPAID
$4,834,757

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
Warrensville Heights, OH 44128
INDUSTRY
Other Miscellaneous Nondurable Goods Merchant Wholesalers · NAICS 424990
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7%
LOAN STATUS
Current
Warrensville Heights, OH 44128

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