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SBA 7(a)Committed, not yet disbursed

SUMER INNOVATIONS INC

DENVER, CONewtek Bank, National AssociationEngineering Services · NAICS 541330
APPROVAL AMOUNT
$25,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-30
13.25% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$377
AT RATE
13.25%
recorded at approval
TOTAL INTEREST
$20,237
over 10 yrs
TOTAL REPAID
$45,237

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
DENVER, CO 80203
INDUSTRY
Engineering Services · NAICS 541330
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
13.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
01
DENVER, CO 80203

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