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SBA 7(a)Active, details exempt

Duke Restoration LLC

FARMINGTON, MNAssociated Bank National AssociationRemediation Services · NAICS 562910
APPROVAL AMOUNT
$449,400
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-03-31
7% rate
JOBS SUPPORTED
21
Borrower-reported

Estimated monthly payment

MONTHLY
$5,218
AT RATE
7%
recorded at approval
TOTAL INTEREST
$176,750
over 10 yrs
TOTAL REPAID
$626,150

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
FARMINGTON, MN 55024
INDUSTRY
Remediation Services · NAICS 562910
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
02
FARMINGTON, MN 55024

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