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SBA 7(a)Committed, not yet disbursed

Demmler Machinery, Inc.

CUDDY, PAFulton Bank, National AssociationIndustrial Machinery and Equipment Merchant Wholesalers · NAICS 423830
APPROVAL AMOUNT
$250,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-05-29
8.75% rate
JOBS SUPPORTED
9
Borrower-reported

Estimated monthly payment

MONTHLY
$3,133
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$125,980
over 10 yrs
TOTAL REPAID
$375,980

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
CUDDY, PA 15031
INDUSTRY
Industrial Machinery and Equipment Merchant Wholesalers · NAICS 423830
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
17
CUDDY, PA 15031

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