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SBA 7(a)Committed, not yet disbursed

The Fireplace Element

MOUNTAIN VIEW, CAGulf Coast Bank and Trust CompanyAll Other Home Furnishings Retailers · NAICS 449129
APPROVAL AMOUNT
$793,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-24
9.5% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$10,261
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$438,347
over 10 yrs
TOTAL REPAID
$1,231,347

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
MOUNTAIN VIEW, CA 94041
INDUSTRY
All Other Home Furnishings Retailers · NAICS 449129
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
18
MOUNTAIN VIEW, CA 94041

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