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SBA 7(a)Committed, not yet disbursed

Nollet Nautica Inc

DEERFIELD BEACH, FLLive Oak Banking CompanyReupholstery and Furniture Repair · NAICS 811420
APPROVAL AMOUNT
$2,355,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-05
8.35% rate
JOBS SUPPORTED
22
Borrower-reported

Estimated monthly payment

MONTHLY
$29,010
AT RATE
8.35%
recorded at approval
TOTAL INTEREST
$1,126,205
over 10 yrs
TOTAL REPAID
$3,481,205

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
DEERFIELD BEACH, FL 33442
INDUSTRY
Reupholstery and Furniture Repair · NAICS 811420
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.35%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
22
DEERFIELD BEACH, FL 33442

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