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SBA 7(a)Committed, not yet disbursed

DANIELS LOGISTICS LLC

BAY SPRINGS, MSPeoples BankGeneral Freight Trucking, Long-Distance, Truckload · NAICS 484121
APPROVAL AMOUNT
$87,200
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-04-30
9.25% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$1,116
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$46,773
over 10 yrs
TOTAL REPAID
$133,973

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
BAY SPRINGS, MS 39422
INDUSTRY
General Freight Trucking, Long-Distance, Truckload · NAICS 484121
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
03
BAY SPRINGS, MS 39422

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