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SBA 7(a)Active, details exempt

Clearspan Contractors, Inc.

PHILADELPHIA, PAHyperion BankPoured Concrete Foundation and Structure Contractors · NAICS 238110
APPROVAL AMOUNT
$4,308,000
PROGRAM
SBA 7(a)
26 years term
APPROVED
2026-01-21
8.75% rate
JOBS SUPPORTED
65
Borrower-reported

Estimated monthly payment

MONTHLY
$35,195
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$6,496,994
over 25.6 yrs
TOTAL REPAID
$10,804,994

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
PHILADELPHIA, PA 19124
INDUSTRY
Poured Concrete Foundation and Structure Contractors · NAICS 238110
BUSINESS STRUCTURE
Corporation
LOAN TERM
26 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
02
PHILADELPHIA, PA 19124

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