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SBA 7(a)Current

Umami LLC

Vineyard, UTThe Huntington National BankFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$350,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-04-12
6.25% rate
JOBS SUPPORTED
26
Borrower-reported

Estimated monthly payment

MONTHLY
$3,930
AT RATE
6.25%
recorded at approval
TOTAL INTEREST
$121,576
over 10 yrs
TOTAL REPAID
$471,576

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
Vineyard, UT 84059
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6.25%
LOAN STATUS
Current
Vineyard, UT 84059

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