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SBA 7(a)Cancelled

Emmonds Electric, Inc.

DORAL, FLFirst Internet Bank of IndianaElectrical Contractors and Other Wiring Installation Contractors · NAICS 238210
APPROVAL AMOUNT
$100,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-25
9.25% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$1,280
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$53,639
over 10 yrs
TOTAL REPAID
$153,639

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
DORAL, FL 33178
INDUSTRY
Electrical Contractors and Other Wiring Installation Contractors · NAICS 238210
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Cancelled
CONGRESSIONAL DIST.
25
DORAL, FL 33178

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