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SBA 7(a)Committed, not yet disbursed

NEW ESSENCE HEALTH CARE INC

HOUSTON, TXHancock Whitney BankHome Health Care Services · NAICS 621610
APPROVAL AMOUNT
$1,260,800
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-17
8.75% rate
JOBS SUPPORTED
56
Borrower-reported

Estimated monthly payment

MONTHLY
$15,801
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$635,344
over 10 yrs
TOTAL REPAID
$1,896,144

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
HOUSTON, TX 77042
INDUSTRY
Home Health Care Services · NAICS 621610
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
07
HOUSTON, TX 77042

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