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SBA 7(a)Committed, not yet disbursed

TOP GYM, LLC

POOLESVILLE, MDNortheast BankFitness and Recreational Sports Centers · NAICS 713940
APPROVAL AMOUNT
$96,600
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-30
9.75% rate
JOBS SUPPORTED
8
Borrower-reported

Estimated monthly payment

MONTHLY
$1,263
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$54,989
over 10 yrs
TOTAL REPAID
$151,589

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
POOLESVILLE, MD 20837
INDUSTRY
Fitness and Recreational Sports Centers · NAICS 713940
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
06
POOLESVILLE, MD 20837

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TOP GYM, LLC: SBA 7(a) loan | LoanRound