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SBA 7(a)Committed, not yet disbursed

Concrete Cutting Services LLC

CHASKA, MN21st Century BankPoured Concrete Foundation and Structure Contractors · NAICS 238110
APPROVAL AMOUNT
$350,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-05
8.75% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$4,386
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$176,372
over 10 yrs
TOTAL REPAID
$526,372

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
CHASKA, MN 55318
INDUSTRY
Poured Concrete Foundation and Structure Contractors · NAICS 238110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
02
CHASKA, MN 55318

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