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SBA 7(a)Cancelled

NEW VISION OPTICAL LAB INC

DORAL, FLGrasshopper Bank National AssociationOptical Goods Retailers · NAICS 456130
APPROVAL AMOUNT
$150,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-29
10.25% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$2,003
AT RATE
10.25%
recorded at approval
TOTAL INTEREST
$90,370
over 10 yrs
TOTAL REPAID
$240,370

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
DORAL, FL 33122
INDUSTRY
Optical Goods Retailers · NAICS 456130
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.25%
LOAN STATUS
Cancelled
CONGRESSIONAL DIST.
25
DORAL, FL 33122

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