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SBA 7(a)Committed, not yet disbursed

A.I.M. TECHNICAL CONSULTANTS INC.

HAMPTON, VAFirst Merchants BankComputer Systems Design Services · NAICS 541512
APPROVAL AMOUNT
$3,667,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-10
9.5% rate
JOBS SUPPORTED
20
Borrower-reported

Estimated monthly payment

MONTHLY
$47,450
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$2,027,010
over 10 yrs
TOTAL REPAID
$5,694,010

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
HAMPTON, VA 23666
INDUSTRY
Computer Systems Design Services · NAICS 541512
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
02
HAMPTON, VA 23666

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