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SBA 7(a)Active, details exempt

Pierpont Dental

VENTURA, CAFirst Bank of the LakeOffices of Dentists · NAICS 621210
APPROVAL AMOUNT
$1,148,100
PROGRAM
SBA 7(a)
11 years term
APPROVED
2024-01-24
10.75% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$14,866
AT RATE
10.75%
recorded at approval
TOTAL INTEREST
$814,158
over 11 yrs
TOTAL REPAID
$1,962,258

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
VENTURA, CA 93001
INDUSTRY
Offices of Dentists · NAICS 621210
BUSINESS STRUCTURE
Corporation
LOAN TERM
11 years
INITIAL INTEREST RATE
10.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
24
VENTURA, CA 93001

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