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SBA 7(a)Committed, not yet disbursed

Diamond Concrete Supply, Inc.

RAMONA, CACalPrivate BankPoured Concrete Foundation and Structure Contractors · NAICS 238110
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APPROVAL AMOUNT
$1,000,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2025-03-26
9.5% rate
JOBS SUPPORTED
24
Borrower-reported

Estimated monthly payment

MONTHLY
$8,737
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$1,621,090
over 25 yrs
TOTAL REPAID
$2,621,090

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
RAMONA, CA 92065
INDUSTRY
Poured Concrete Foundation and Structure Contractors · NAICS 238110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
50
RAMONA, CA 92065

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