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SBA 7(a)Committed, not yet disbursed

WhetstineFoster Holdings LLC

LINCOLNTON, NCFirst Federal BankOffices of All Other Miscellaneous Health Practitioners · NAICS 621399
APPROVAL AMOUNT
$157,200
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-06-02
9.75% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$1,401
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$263,060
over 25 yrs
TOTAL REPAID
$420,260

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
LINCOLNTON, NC 28092
INDUSTRY
Offices of All Other Miscellaneous Health Practitioners · NAICS 621399
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
05
LINCOLNTON, NC 28092

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