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SBA 7(a)Committed, not yet disbursed

AT TRENCH LLC

ERIE, COThe Huntington National BankConstruction, Mining, and Forestry Machinery and Equipment Rental and Leasing · NAICS 532412
APPROVAL AMOUNT
$711,400
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-05-18
8.75% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$8,916
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$358,489
over 10 yrs
TOTAL REPAID
$1,069,889

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
ERIE, CO 80516
INDUSTRY
Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing · NAICS 532412
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
02
ERIE, CO 80516

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