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SBA 7(a)Committed, not yet disbursed

Salon 809 Waldorf, LLC

WALDORF, MDIndustrial BankBeauty Salons · NAICS 812112
APPROVAL AMOUNT
$440,500
PROGRAM
SBA 7(a)
11 years term
APPROVED
2026-06-24
8.75% rate
JOBS SUPPORTED
17
Borrower-reported

Estimated monthly payment

MONTHLY
$5,356
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$234,409
over 10.5 yrs
TOTAL REPAID
$674,909

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
WALDORF, MD 20603
INDUSTRY
Beauty Salons · NAICS 812112
BUSINESS STRUCTURE
Corporation
LOAN TERM
11 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
05
WALDORF, MD 20603

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