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SBA 7(a)Committed, not yet disbursed

rapid mover solutions llc

REDWOOD CITY, CAEvolve Bank and TrustUsed Household and Office Goods Moving · NAICS 484210
APPROVAL AMOUNT
$392,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-05-01
9.25% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$5,019
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$210,266
over 10 yrs
TOTAL REPAID
$602,266

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
REDWOOD CITY, CA 94063
INDUSTRY
Used Household and Office Goods Moving · NAICS 484210
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
14
REDWOOD CITY, CA 94063

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