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SBA 7(a)Active, details exempt

Redlands Auto Sales

REDLANDS, CAHarvest Small Business Finance, LLCUsed Car Dealers · NAICS 441120
APPROVAL AMOUNT
$765,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-04-20
9.25% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$6,551
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$1,200,396
over 25 yrs
TOTAL REPAID
$1,965,396

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
REDLANDS, CA 92373
INDUSTRY
Used Car Dealers · NAICS 441120
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
08
REDLANDS, CA 92373

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