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SBA 7(a)Committed, not yet disbursed

DYNAMIC FUELS2 LLC

DETROIT, MICeltic Bank CorporationGasoline Stations with Convenience Stores · NAICS 457110
APPROVAL AMOUNT
$2,230,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-03-03
8.75% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$18,351
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$3,256,909
over 24.9 yrs
TOTAL REPAID
$5,486,909

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
DETROIT, MI 48213
INDUSTRY
Gasoline Stations with Convenience Stores · NAICS 457110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
13
DETROIT, MI 48213

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