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SBA 7(a)Active, details exempt

The Back Nine Boerne

BOERNE, TXFirst Bank of the LakeGolf Courses and Country Clubs · NAICS 713910
APPROVAL AMOUNT
$667,700
PROGRAM
SBA 7(a)
11 years term
APPROVED
2026-01-28
9.25% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$8,079
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$398,689
over 11 yrs
TOTAL REPAID
$1,066,389

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
BOERNE, TX 78006
INDUSTRY
Golf Courses and Country Clubs · NAICS 713910
BUSINESS STRUCTURE
Corporation
LOAN TERM
11 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
21
BOERNE, TX 78006

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