Find Lenders
SBA 7(a)Committed, not yet disbursed

Yummy Bowl Springfield IL LLC

SPRINGFIELD, ILVelocitySBA, LLCFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$2,821,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-05-19
8.25% rate
JOBS SUPPORTED
25
Borrower-reported

Estimated monthly payment

MONTHLY
$22,242
AT RATE
8.25%
recorded at approval
TOTAL INTEREST
$3,851,653
over 25 yrs
TOTAL REPAID
$6,672,653

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
SPRINGFIELD, IL 62704
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
8.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
13
SPRINGFIELD, IL 62704

Other loans from this lender · VelocitySBA, LLC

View all 13,044 loans from VelocitySBA, LLC

Nearby loans · within 10 miles