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SBA 7(a)Committed, not yet disbursed

PATENAUDE & FELIX A PROFESSIONAL CORPORATION

SAN DIEGO, CAOceanFirst Bank, National AssociationCollection Agencies · NAICS 561440
APPROVAL AMOUNT
$5,000,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-01
9.25% rate
JOBS SUPPORTED
165
Borrower-reported

Estimated monthly payment

MONTHLY
$64,016
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$2,681,963
over 10 yrs
TOTAL REPAID
$7,681,963

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
SAN DIEGO, CA 92123
INDUSTRY
Collection Agencies · NAICS 561440
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
52
SAN DIEGO, CA 92123

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