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SBA 7(a)Committed, not yet disbursed

ES PAINTING SOLUTIONS INC

EVERETT, MASantander Bank, National AssociationPainting and Wall Covering Contractors · NAICS 238320
APPROVAL AMOUNT
$15,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-18
12.75% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$222
AT RATE
12.75%
recorded at approval
TOTAL INTEREST
$11,611
over 10 yrs
TOTAL REPAID
$26,611

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
EVERETT, MA 02149
INDUSTRY
Painting and Wall Covering Contractors · NAICS 238320
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
12.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
07
EVERETT, MA 02149

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