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SBA 7(a)Committed, not yet disbursed

Saticon Corporation

CANOGA PARK, CASouthwestern National BankGeneral Line Grocery Merchant Wholesalers · NAICS 424410
APPROVAL AMOUNT
$5,000,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-06-18
7.75% rate
JOBS SUPPORTED
11
Borrower-reported

Estimated monthly payment

MONTHLY
$37,766
AT RATE
7.75%
recorded at approval
TOTAL INTEREST
$6,329,931
over 25 yrs
TOTAL REPAID
$11,329,931

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
CANOGA PARK, CA 91304
INDUSTRY
General Line Grocery Merchant Wholesalers · NAICS 424410
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
7.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
25
CANOGA PARK, CA 91304

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