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SBA 7(a)Committed, not yet disbursed

Royalty Nails & Spa LLC

NORMAN, OKFirst Pryority BankNail Salons · NAICS 812113
APPROVAL AMOUNT
$419,600
PROGRAM
SBA 7(a)
7 years term
APPROVED
2026-06-04
7.75% rate
JOBS SUPPORTED
13
Borrower-reported

Estimated monthly payment

MONTHLY
$6,488
AT RATE
7.75%
recorded at approval
TOTAL INTEREST
$125,378
over 7 yrs
TOTAL REPAID
$544,978

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
NORMAN, OK 73069
INDUSTRY
Nail Salons · NAICS 812113
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
7.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
04
NORMAN, OK 73069

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