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SBA 7(a)Committed, not yet disbursed

Washateria Management Company LLC

SPRING, TXUnited Midwest Savings Bank National AssociationVending Machine Operators · NAICS 445132
APPROVAL AMOUNT
$100,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-30
9.75% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$1,308
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$56,924
over 10 yrs
TOTAL REPAID
$156,924

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
SPRING, TX 77373
INDUSTRY
Vending Machine Operators · NAICS 445132
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
02
SPRING, TX 77373

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