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SBA 7(a)Committed, not yet disbursed

ANN LOGISTICS, INC.

MACOMB, MIGBankCouriers and Express Delivery Services · NAICS 492110
APPROVAL AMOUNT
$1,023,800
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-30
9.5% rate
JOBS SUPPORTED
14
Borrower-reported

Estimated monthly payment

MONTHLY
$13,248
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$565,927
over 10 yrs
TOTAL REPAID
$1,589,727

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
MACOMB, MI 48042
INDUSTRY
Couriers and Express Delivery Services · NAICS 492110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
10
MACOMB, MI 48042

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