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SBA 7(a)Committed, not yet disbursed

Astron Candle Manufacturing Co., Inc.

WOODSIDE, NYAlma BankAll Other Miscellaneous Manufacturing · NAICS 339999
APPROVAL AMOUNT
$350,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-04-15
8.75% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$4,386
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$176,372
over 10 yrs
TOTAL REPAID
$526,372

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
WOODSIDE, NY 11377
INDUSTRY
All Other Miscellaneous Manufacturing · NAICS 339999
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
06
WOODSIDE, NY 11377

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