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SBA 7(a)Committed, not yet disbursed

1 Source Title and Escrow, LLC

MURFREESBORO, TNFirst Bank of Central OhioTitle Abstract and Settlement Offices · NAICS 541191
APPROVAL AMOUNT
$500,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-04
9% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$6,334
AT RATE
9%
recorded at approval
TOTAL INTEREST
$260,055
over 10 yrs
TOTAL REPAID
$760,055

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
MURFREESBORO, TN 37128
INDUSTRY
Title Abstract and Settlement Offices · NAICS 541191
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
04
MURFREESBORO, TN 37128

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