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SBA 7(a)Committed, not yet disbursed

American Highway Products, LTD

BOLIVAR, OHThe Huntington National BankIron and Steel Pipe and Tube Manufacturing from Purchased Steel · NAICS 331210
APPROVAL AMOUNT
$2,740,000
PROGRAM
SBA 7(a)
13 years term
APPROVED
2026-06-30
8.25% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$28,690
AT RATE
8.25%
recorded at approval
TOTAL INTEREST
$1,735,624
over 13 yrs
TOTAL REPAID
$4,475,624

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
BOLIVAR, OH 44612
INDUSTRY
Iron and Steel Pipe and Tube Manufacturing from Purchased Steel · NAICS 331210
BUSINESS STRUCTURE
Partnership
LOAN TERM
13 years
INITIAL INTEREST RATE
8.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
07
BOLIVAR, OH 44612

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