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SBA 7(a)Current

SWEATHOUZ

Roslyn Heights, NYFirst Merchants BankOther Personal Care Services · NAICS 812199
APPROVAL AMOUNT
$966,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-04-07
9.5% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$12,201
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$559,066
over 10.4 yrs
TOTAL REPAID
$1,525,066

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
Roslyn Heights, NY 11577
INDUSTRY
Other Personal Care Services · NAICS 812199
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Current
Roslyn Heights, NY 11577

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