Find Lenders
SBA 7(a)Active, details exempt

Savory Thyme Catering

CARPINTERIA, CANewtek Bank, National AssociationFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$150,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-06-07
11.5% rate
JOBS SUPPORTED
13
Borrower-reported

Estimated monthly payment

MONTHLY
$2,109
AT RATE
11.5%
recorded at approval
TOTAL INTEREST
$103,072
over 10 yrs
TOTAL REPAID
$253,072

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
CARPINTERIA, CA 93013
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
24
CARPINTERIA, CA 93013

Other loans from this lender · Newtek Bank, National Association

View all 12,006 loans from Newtek Bank, National Association

Nearby loans · within 10 miles