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SBA 7(a)Committed, not yet disbursed

Omega Puff LLC

WAITE PARK, MNFalcon National BankTobacco, Electronic Cigarette, and Other Smoking Supplies Retailers · NAICS 459991
APPROVAL AMOUNT
$75,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-11-04
9% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$950
AT RATE
9%
recorded at approval
TOTAL INTEREST
$39,008
over 10 yrs
TOTAL REPAID
$114,008

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
WAITE PARK, MN 56387
INDUSTRY
Tobacco, Electronic Cigarette, and Other Smoking Supplies Retailers · NAICS 459991
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
06
WAITE PARK, MN 56387

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