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SBA 7(a)Current

The Oaks Venture, LLC

Ramona, CAU.S. Bank, National AssociationAll Other Miscellaneous Schools and Instruction · NAICS 611699
APPROVAL AMOUNT
$5,000,000
PROGRAM
SBA 7(a)
26 years term
APPROVED
2019-09-30
5.57% rate
JOBS SUPPORTED
35
Borrower-reported

Estimated monthly payment

MONTHLY
$30,590
AT RATE
5.57%
recorded at approval
TOTAL INTEREST
$4,391,067
over 25.6 yrs
TOTAL REPAID
$9,391,067

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
Ramona, CA 92065
INDUSTRY
All Other Miscellaneous Schools and Instruction · NAICS 611699
BUSINESS STRUCTURE
Corporation
LOAN TERM
26 years
INITIAL INTEREST RATE
5.57%
LOAN STATUS
Current
Ramona, CA 92065

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