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SBA 7(a)Current

Bowien Heating and Star Air Home Services

Jarrell, TXNewtek Bank, National Association"Plumbing, Heating, and Air-Conditioning Contractors" · NAICS 238220
APPROVAL AMOUNT
$475,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-09-26
11.5% rate
JOBS SUPPORTED
17
Borrower-reported

Estimated monthly payment

MONTHLY
$6,678
AT RATE
11.5%
recorded at approval
TOTAL INTEREST
$326,394
over 10 yrs
TOTAL REPAID
$801,394

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
"Plumbing, Heating, and Air-Conditioning Contractors" · NAICS 238220
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11.5%
LOAN STATUS
Current
Jarrell, TX 76537

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