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SBA 7(a)Active, details exempt

Smoothie King

WEST PALM BEACH, FLUnited Community BankSnack and Nonalcoholic Beverage Bars · NAICS 722515
APPROVAL AMOUNT
$559,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-04-08
9.25% rate
JOBS SUPPORTED
28
Borrower-reported

Estimated monthly payment

MONTHLY
$7,157
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$299,843
over 10 yrs
TOTAL REPAID
$858,843

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
WEST PALM BEACH, FL 33415
INDUSTRY
Snack and Nonalcoholic Beverage Bars · NAICS 722515
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
20
WEST PALM BEACH, FL 33415

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