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SBA 7(a)Active, details exempt

Summit Spa & Float - Eagle Mountain LLC

EAGLE MOUNTAIN, UTGrasshopper Bank National AssociationOther Personal Care Services · NAICS 812199
APPROVAL AMOUNT
$350,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-03-13
11.25% rate
JOBS SUPPORTED
8
Borrower-reported

Estimated monthly payment

MONTHLY
$4,871
AT RATE
11.25%
recorded at approval
TOTAL INTEREST
$234,510
over 10 yrs
TOTAL REPAID
$584,510

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
EAGLE MOUNTAIN, UT 84005
INDUSTRY
Other Personal Care Services · NAICS 812199
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
04
EAGLE MOUNTAIN, UT 84005

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