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SBA 7(a)Paid in Full

B & M CONCRETE SERVICES LLC

Jarrell, TXUnited Midwest Savings Bank National AssociationPoured Concrete Foundation and Structure Contractors · NAICS 238110
APPROVAL AMOUNT
$150,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2021-02-26
6% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$1,665
AT RATE
6%
recorded at approval
TOTAL INTEREST
$49,837
over 10 yrs
TOTAL REPAID
$199,837

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
Jarrell, TX 76537
INDUSTRY
Poured Concrete Foundation and Structure Contractors · NAICS 238110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Jarrell, TX 76537

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