Find Lenders
SBA 7(a)Active, details exempt

SALT GROUP LAS OLAS, LLC

DELRAY BEACH, FLNewtek Small Business Finance, Inc.Full-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$1,100,000
PROGRAM
SBA 7(a)
3 years term
APPROVED
2018-06-19
7.5% rate
JOBS SUPPORTED
116
Borrower-reported

Estimated monthly payment

MONTHLY
$31,870
AT RATE
7.5%
recorded at approval
TOTAL INTEREST
$142,920
over 3.3 yrs
TOTAL REPAID
$1,242,920

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
DELRAY BEACH, FL 33444
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
3 years
INITIAL INTEREST RATE
7.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
21
DELRAY BEACH, FL 33444

Other loans from this lender · Newtek Small Business Finance, Inc.

View all 10,748 loans from Newtek Small Business Finance, Inc.

Nearby loans · within 10 miles