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SBA 7(a)Committed, not yet disbursed

THE HEAT COLLECTIVE, INC

TAMPA, FLLexicon BankFitness and Recreational Sports Centers · NAICS 713940
APPROVAL AMOUNT
$448,000
PROGRAM
SBA 7(a)
11 years term
APPROVED
2026-06-08
9.5% rate
JOBS SUPPORTED
6
Borrower-reported

Estimated monthly payment

MONTHLY
$5,632
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$261,617
over 10.5 yrs
TOTAL REPAID
$709,617

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
TAMPA, FL 33606
INDUSTRY
Fitness and Recreational Sports Centers · NAICS 713940
BUSINESS STRUCTURE
Corporation
LOAN TERM
11 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
14
TAMPA, FL 33606

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