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SBA 7(a)Current

RILEY'S RETREAT LLC

Locust, NCPinnacle BankPet Care (except Veterinary) Services · NAICS 812910
APPROVAL AMOUNT
$1,427,200
PROGRAM
SBA 7(a)
26 years term
APPROVED
2023-06-27
10% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$12,833
AT RATE
10%
recorded at approval
TOTAL INTEREST
$2,615,236
over 26.3 yrs
TOTAL REPAID
$4,042,436

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
Locust, NC 28097
INDUSTRY
Pet Care (except Veterinary) Services · NAICS 812910
BUSINESS STRUCTURE
Corporation
LOAN TERM
26 years
INITIAL INTEREST RATE
10%
LOAN STATUS
Current
Locust, NC 28097

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