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SBA 7(a)Committed, not yet disbursed

THE FARM AT HYDE PARK LLC

STAATSBURG, NYStearns Bank National AssociationAll Other Traveler Accommodation · NAICS 721199
APPROVAL AMOUNT
$100,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-25
9% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$1,267
AT RATE
9%
recorded at approval
TOTAL INTEREST
$52,011
over 10 yrs
TOTAL REPAID
$152,011

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
STAATSBURG, NY 12580
INDUSTRY
All Other Traveler Accommodation · NAICS 721199
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
19
STAATSBURG, NY 12580

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