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SBA 7(a)Committed, not yet disbursed

TL's Kitchen

LAKE FOREST, CAAccion Opportunity Fund Community DevelopmentFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$115,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-05-29
10.25% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$1,536
AT RATE
10.25%
recorded at approval
TOTAL INTEREST
$69,284
over 10 yrs
TOTAL REPAID
$184,284

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
LAKE FOREST, CA 92630
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Individual
LOAN TERM
10 years
INITIAL INTEREST RATE
10.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
45
LAKE FOREST, CA 92630

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