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SBA 7(a)Committed, not yet disbursed

Urbangents, LLC

NOLENSVILLE, TNThe Huntington National BankBarber Shops · NAICS 812111
APPROVAL AMOUNT
$70,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-01-27
9.75% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$915
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$39,847
over 10 yrs
TOTAL REPAID
$109,847

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
NOLENSVILLE, TN 37135
INDUSTRY
Barber Shops · NAICS 812111
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
04
NOLENSVILLE, TN 37135

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