What amount of the Aw SBA loan is due in 2026?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
% with a term of 30 years. Monthly payments of $120 are scheduled to begin in 2023.
Minimum annual principal payments are as follows:
| Due in 2025 | $ 532 |
|---|---|
| Due in 2026 | 553 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 39)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, the amount of the SBA loan payable that is due in 2026 is $553. This information is part of the company's financial statements, specifically detailing the minimum annual principal payments on the SBA loan.
For a prospective Aw franchisee, this means that they can anticipate a scheduled payment of $553 towards the principal of the SBA loan in 2026. This is a fixed obligation that the company has, and it provides insight into the company's debt structure and repayment schedule. Understanding these scheduled payments is crucial for assessing the financial health and stability of Aw.
It's important to note that this figure represents only the principal payment due in 2026 and does not include any interest that may accrue on the loan. The original SBA loan obtained in 2020 was for $25,900, bearing interest at 3.75% with monthly payments of $120 scheduled to begin in 2023. The table provides a breakdown of the minimum annual principal payments, offering a clear view of the company's repayment obligations over the coming years.