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SBA 7(a)Committed, not yet disbursed

Orienta Shores Real Estate, Inc

LARCHMONT, NYTruliant FCUClothing and Clothing Accessories Retailers · NAICS 458110
APPROVAL AMOUNT
$685,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-22
9.75% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$8,958
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$389,931
over 10 yrs
TOTAL REPAID
$1,074,931

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
LARCHMONT, NY 10538
INDUSTRY
Clothing and Clothing Accessories Retailers · NAICS 458110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
16
LARCHMONT, NY 10538

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