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SBA 7(a)Committed, not yet disbursed

Custom Tower Holdings, LLC

SCOTT, LALive Oak Banking CompanyPower and Communication Line and Related Structures Construction · NAICS 237130
APPROVAL AMOUNT
$500,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-12-17
8.5% rate
JOBS SUPPORTED
32
Borrower-reported

Estimated monthly payment

MONTHLY
$6,199
AT RATE
8.5%
recorded at approval
TOTAL INTEREST
$243,914
over 10 yrs
TOTAL REPAID
$743,914

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
SCOTT, LA 70583
INDUSTRY
Power and Communication Line and Related Structures Construction · NAICS 237130
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
03
SCOTT, LA 70583

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