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SBA 7(a)Active, details exempt

FED FIBERGLASS LLC

FAIRLESS HILLS, PAManufacturers and Traders Trust CompanyMineral Wool Manufacturing · NAICS 327993
APPROVAL AMOUNT
$30,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-06-25
14% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$466
AT RATE
14%
recorded at approval
TOTAL INTEREST
$25,896
over 10 yrs
TOTAL REPAID
$55,896

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
FAIRLESS HILLS, PA 19030
INDUSTRY
Mineral Wool Manufacturing · NAICS 327993
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
14%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
01
FAIRLESS HILLS, PA 19030

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