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SBA 7(a)Committed, not yet disbursed

Ship John Workshop LLC

PORTLAND, ORBanc of CaliforniaCut and Sew Apparel Manufacturing (except Contractors) · NAICS 315250
APPROVAL AMOUNT
$1,277,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-05-27
6.75% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$8,768
AT RATE
6.75%
recorded at approval
TOTAL INTEREST
$1,397,113
over 25.4 yrs
TOTAL REPAID
$2,674,113

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
PORTLAND, OR 97214
INDUSTRY
Cut and Sew Apparel Manufacturing (except Contractors) · NAICS 315250
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
03
PORTLAND, OR 97214

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