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SBA 7(a)Active, details exempt

Palace Retail, LLC

CAPITOLA, CAAMPAC Tri-State CDC, Inc.All Other Miscellaneous Retailers · NAICS 459999
APPROVAL AMOUNT
$150,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-03-05
12.75% rate
JOBS SUPPORTED
20
Borrower-reported

Estimated monthly payment

MONTHLY
$2,218
AT RATE
12.75%
recorded at approval
TOTAL INTEREST
$116,112
over 10 yrs
TOTAL REPAID
$266,112

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
CAPITOLA, CA 95010
INDUSTRY
All Other Miscellaneous Retailers · NAICS 459999
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
12.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
20
CAPITOLA, CA 95010

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