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SBA 7(a)Committed, not yet disbursed

Elk County Machining, LLC

SAINT MARYS, PABeacon Bank and TrustMachine Shops · NAICS 332710
APPROVAL AMOUNT
$100,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-16
8.75% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$1,253
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$50,392
over 10 yrs
TOTAL REPAID
$150,392

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
SAINT MARYS, PA 15857
INDUSTRY
Machine Shops · NAICS 332710
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
15
SAINT MARYS, PA 15857

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