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SBA 7(a)Committed, not yet disbursed

BAC LOGISTICS, INC.

THORNWOOD, NYNewtek Bank, National AssociationGeneral Freight Trucking, Local · NAICS 484110
APPROVAL AMOUNT
$1,375,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-24
9.75% rate
JOBS SUPPORTED
34
Borrower-reported

Estimated monthly payment

MONTHLY
$17,981
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$782,709
over 10 yrs
TOTAL REPAID
$2,157,709

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
THORNWOOD, NY 10594
INDUSTRY
General Freight Trucking, Local · NAICS 484110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
17
THORNWOOD, NY 10594

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