SBA 7(a)Committed, not yet disbursed

Blackbeard Capital LLC

MESA, AZMidFirst BankOther Leather and Allied Product Manufacturing · NAICS 316990

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APPROVAL AMOUNT

$2,596,000

PROGRAM

SBA 7(a)

25 years term

APPROVED

2026-06-02

6.75% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$17,936

AT RATE

6.75%

recorded at approval

TOTAL INTEREST

$2,784,819

over 25 yrs

TOTAL REPAID

$5,380,819

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

MESA, AZ 85209

INDUSTRY

Other Leather and Allied Product Manufacturing · NAICS 316990

BUSINESS STRUCTURE

Corporation

LOAN TERM

25 years

INITIAL INTEREST RATE

6.75%

LOAN STATUS

Committed, not yet disbursed

CONGRESSIONAL DIST.

MESA, AZ 85209

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