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SBA 7(a)Active, details exempt

Rarane Bright Star LLC

BOTHELL, WALive Oak Banking CompanyChild Care Services · NAICS 624410
APPROVAL AMOUNT
$2,050,500
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-05-23
8.11% rate
JOBS SUPPORTED
18
Borrower-reported

Estimated monthly payment

MONTHLY
$24,998
AT RATE
8.11%
recorded at approval
TOTAL INTEREST
$949,208
over 10 yrs
TOTAL REPAID
$2,999,708

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
BOTHELL, WA 98012
INDUSTRY
Child Care Services · NAICS 624410
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.11%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
01
BOTHELL, WA 98012

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