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SBA 7(a)Active, details exempt

Wavetop Logistics, Inc

VISTA, CANewtek Bank, National AssociationFreight Transportation Arrangement · NAICS 488510
APPROVAL AMOUNT
$1,500,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-04-14
9.75% rate
JOBS SUPPORTED
20
Borrower-reported

Estimated monthly payment

MONTHLY
$19,616
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$853,864
over 10 yrs
TOTAL REPAID
$2,353,864

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
VISTA, CA 92081
INDUSTRY
Freight Transportation Arrangement · NAICS 488510
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
49
VISTA, CA 92081

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