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SBA 7(a)Current

BNC Contracting, Inc.

Greenlawn, NYTD Bank, National AssociationMasonry Contractors · NAICS 238140
APPROVAL AMOUNT
$240,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2022-12-22
11.5% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$4,141
AT RATE
11.5%
recorded at approval
TOTAL INTEREST
$111,963
over 7.1 yrs
TOTAL REPAID
$351,963

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
Greenlawn, NY 11740
INDUSTRY
Masonry Contractors · NAICS 238140
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
11.5%
LOAN STATUS
Current
Greenlawn, NY 11740

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