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SBA 7(a)Active, details exempt

Presentation Media, Inc.

GARDENA, CAVelocitySBA, LLCCommercial Printing (except Screen and Books) · NAICS 323111
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APPROVAL AMOUNT
$3,250,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-04-01
11.25% rate
JOBS SUPPORTED
29
Borrower-reported

Estimated monthly payment

MONTHLY
$46,528
AT RATE
11.25%
recorded at approval
TOTAL INTEREST
$2,054,186
over 9.5 yrs
TOTAL REPAID
$5,304,186

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
GARDENA, CA 90249
INDUSTRY
Commercial Printing (except Screen and Books) · NAICS 323111
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
43
GARDENA, CA 90249

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