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SBA 7(a)Active, details exempt

NEW YORK TERIYAKI & JAPANESE RESTAURANT / NY TERIYAKI

YAKIMA, WASouthwestern National BankFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$1,299,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2023-11-19
9.5% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$11,349
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$2,105,796
over 25 yrs
TOTAL REPAID
$3,404,796

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
YAKIMA, WA 98901
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
04
YAKIMA, WA 98901

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