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SBA 7(a)Active, details exempt

SARANG INC

GRESHAM, ORPort 51 Lending LLCConvenience Retailers · NAICS 445131
APPROVAL AMOUNT
$1,200,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-04-21
8.75% rate
JOBS SUPPORTED
6
Borrower-reported

Estimated monthly payment

MONTHLY
$9,866
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$1,759,717
over 25 yrs
TOTAL REPAID
$2,959,717

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
GRESHAM, OR 97080
INDUSTRY
Convenience Retailers · NAICS 445131
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
03
GRESHAM, OR 97080

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