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SBA 7(a)Current

Roslyn Events Corp.

Roslyn Heights, NYThe Huntington National BankFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$400,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-05-29
10.25% rate
JOBS SUPPORTED
9
Borrower-reported

Estimated monthly payment

MONTHLY
$5,342
AT RATE
10.25%
recorded at approval
TOTAL INTEREST
$240,987
over 10 yrs
TOTAL REPAID
$640,987

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
Roslyn Heights, NY 11576
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.25%
LOAN STATUS
Current
Roslyn Heights, NY 11576

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