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SBA 7(a)Active, details exempt

D & D WELCH ENTERPRISES LLC

NACOGDOCHES, TXThe Huntington National BankAll Other Miscellaneous Retailers · NAICS 459999
APPROVAL AMOUNT
$349,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2023-08-31
11.25% rate
JOBS SUPPORTED
18
Borrower-reported

Estimated monthly payment

MONTHLY
$4,857
AT RATE
11.25%
recorded at approval
TOTAL INTEREST
$233,840
over 10 yrs
TOTAL REPAID
$582,840

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
NACOGDOCHES, TX 75961
INDUSTRY
All Other Miscellaneous Retailers · NAICS 459999
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
01
NACOGDOCHES, TX 75961

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