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SBA 7(a)Active, details exempt

SAI Laxmi Foods LLC

CUMMING, GAFirst Community BankSupermarkets and Other Grocery Retailers (except Convenience Retailers) · NAICS 445110
APPROVAL AMOUNT
$5,000,000
PROGRAM
SBA 7(a)
26 years term
APPROVED
2026-05-21
9% rate
JOBS SUPPORTED
30
Borrower-reported

Estimated monthly payment

MONTHLY
$41,742
AT RATE
9%
recorded at approval
TOTAL INTEREST
$7,773,105
over 25.5 yrs
TOTAL REPAID
$12,773,105

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
CUMMING, GA 30041
INDUSTRY
Supermarkets and Other Grocery Retailers (except Convenience Retailers) · NAICS 445110
BUSINESS STRUCTURE
Corporation
LOAN TERM
26 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
07
CUMMING, GA 30041

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