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SBA 7(a)Committed, not yet disbursed

Sumerlan Management Group, LLC

SARATOGA SPRINGS, UTUMB Bank, National AssociationOther Scientific and Technical Consulting Services · NAICS 541690
APPROVAL AMOUNT
$740,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2026-06-23
6.99% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$11,165
AT RATE
6.99%
recorded at approval
TOTAL INTEREST
$197,857
over 7 yrs
TOTAL REPAID
$937,857

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
SARATOGA SPRINGS, UT 84045
INDUSTRY
Other Scientific and Technical Consulting Services · NAICS 541690
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
6.99%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
04
SARATOGA SPRINGS, UT 84045

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