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SBA 7(a)Active, details exempt

Better Collision Myrtle Beach LLC

MYRTLE BEACH, SCLive Oak Banking CompanyOffices of Other Holding Companies · NAICS 551112
APPROVAL AMOUNT
$3,650,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-04-09
7.25% rate
JOBS SUPPORTED
149
Borrower-reported

Estimated monthly payment

MONTHLY
$26,382
AT RATE
7.25%
recorded at approval
TOTAL INTEREST
$4,264,735
over 25 yrs
TOTAL REPAID
$7,914,735

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
MYRTLE BEACH, SC 29579
INDUSTRY
Offices of Other Holding Companies · NAICS 551112
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
7.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
07
MYRTLE BEACH, SC 29579

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