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SBA 7(a)Active, details exempt

Zygma European Groceries and Deli Store LLC

PINEVILLE, NCAccion Opportunity Fund Community DevelopmentSupermarkets and Other Grocery Retailers (except Convenience Retailers) · NAICS 445110
APPROVAL AMOUNT
$120,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-05-15
9% rate
JOBS SUPPORTED
8
Borrower-reported

Estimated monthly payment

MONTHLY
$1,520
AT RATE
9%
recorded at approval
TOTAL INTEREST
$62,413
over 10 yrs
TOTAL REPAID
$182,413

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
PINEVILLE, NC 28134
INDUSTRY
Supermarkets and Other Grocery Retailers (except Convenience Retailers) · NAICS 445110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
09
PINEVILLE, NC 28134

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