SBA 7(a)Active, details exempt

Peaceful Practices Counseling LLC

MARLTON, NJMeridian BankResidential Mental Health and Substance Abuse Facilities · NAICS 623220

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APPROVAL AMOUNT

$240,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2026-05-11

8.75% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$3,008

AT RATE

8.75%

recorded at approval

TOTAL INTEREST

$120,941

over 10 yrs

TOTAL REPAID

$360,941

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

MARLTON, NJ 08053

INDUSTRY

Residential Mental Health and Substance Abuse Facilities · NAICS 623220

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

8.75%

LOAN STATUS

Active, details exempt

CONGRESSIONAL DIST.

MARLTON, NJ 08053

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