SBA 7(a)Committed, not yet disbursed

6185 West Detroit Street LLC

CHANDLER, AZMidFirst BankCommercial and Institutional Building Construction · NAICS 236220

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APPROVAL AMOUNT

$1,856,000

PROGRAM

SBA 7(a)

25 years term

APPROVED

2026-05-14

6.75% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$12,823

AT RATE

6.75%

recorded at approval

TOTAL INTEREST

$1,990,995

over 25 yrs

TOTAL REPAID

$3,846,995

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

CHANDLER, AZ 85226

INDUSTRY

Commercial and Institutional Building Construction · NAICS 236220

BUSINESS STRUCTURE

Corporation

LOAN TERM

25 years

INITIAL INTEREST RATE

6.75%

LOAN STATUS

Committed, not yet disbursed

CONGRESSIONAL DIST.

CHANDLER, AZ 85226

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