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SBA 7(a)Committed, not yet disbursed

C16 Transport Inc

TWINSBURG, OHU.S. Bank, National AssociationGeneral Freight Trucking, Local · NAICS 484110
APPROVAL AMOUNT
$457,100
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-03-26
9.14% rate
JOBS SUPPORTED
28
Borrower-reported

Estimated monthly payment

MONTHLY
$5,825
AT RATE
9.14%
recorded at approval
TOTAL INTEREST
$241,905
over 10 yrs
TOTAL REPAID
$699,005

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
TWINSBURG, OH 44087
INDUSTRY
General Freight Trucking, Local · NAICS 484110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.14%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
14
TWINSBURG, OH 44087

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C16 Transport Inc: SBA 7(a) loan | LoanRound