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SBA 7(a)Committed, not yet disbursed

The Goddard School

CHARLOTTE, NCUnited Community BankChild Care Services · NAICS 624410
APPROVAL AMOUNT
$1,280,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-05-09
8% rate
JOBS SUPPORTED
35
Borrower-reported

Estimated monthly payment

MONTHLY
$15,530
AT RATE
8%
recorded at approval
TOTAL INTEREST
$583,592
over 10 yrs
TOTAL REPAID
$1,863,592

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
CHARLOTTE, NC 28270
INDUSTRY
Child Care Services · NAICS 624410
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
09
CHARLOTTE, NC 28270

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