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SBA 7(a)Active, details exempt

Straight Up Nuts

WINTER SPRINGS, FLNewtek Small Business Finance, Inc.General Line Grocery Merchant Wholesalers · NAICS 424410
APPROVAL AMOUNT
$350,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-11-21
9.25% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$4,481
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$187,737
over 10 yrs
TOTAL REPAID
$537,737

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
WINTER SPRINGS, FL 32708
INDUSTRY
General Line Grocery Merchant Wholesalers · NAICS 424410
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
07
WINTER SPRINGS, FL 32708

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