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SBA 7(a)Active, details exempt

Smoothie King

SAN ANTONIO, TXUnited Community BankSnack and Nonalcoholic Beverage Bars · NAICS 722515
APPROVAL AMOUNT
$560,000
PROGRAM
SBA 7(a)
11 years term
APPROVED
2025-05-30
9% rate
JOBS SUPPORTED
21
Borrower-reported

Estimated monthly payment

MONTHLY
$6,886
AT RATE
9%
recorded at approval
TOTAL INTEREST
$307,616
over 10.5 yrs
TOTAL REPAID
$867,616

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
SAN ANTONIO, TX 78253
INDUSTRY
Snack and Nonalcoholic Beverage Bars · NAICS 722515
BUSINESS STRUCTURE
Corporation
LOAN TERM
11 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
20
SAN ANTONIO, TX 78253

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