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SBA 7(a)Committed, not yet disbursed

CYS Innovative Holdings LLC

HOUSTON, TXHancock Whitney BankAutomobile and Other Motor Vehicle Merchant Wholesalers · NAICS 423110
APPROVAL AMOUNT
$1,334,200
PROGRAM
SBA 7(a)
20 years term
APPROVED
2026-06-17
8.4% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$11,494
AT RATE
8.4%
recorded at approval
TOTAL INTEREST
$1,424,406
over 20 yrs
TOTAL REPAID
$2,758,606

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
HOUSTON, TX 77017
INDUSTRY
Automobile and Other Motor Vehicle Merchant Wholesalers · NAICS 423110
BUSINESS STRUCTURE
Corporation
LOAN TERM
20 years
INITIAL INTEREST RATE
8.4%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
29
HOUSTON, TX 77017

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