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SBA 7(a)Active, details exempt

FOX EXCAVATING LLC

PINE CITY, MNFrandsen Bank and TrustOther Foundation, Structure, and Building Exterior Contractors · NAICS 238190
APPROVAL AMOUNT
$275,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-05-04
9.5% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$3,558
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$152,012
over 10 yrs
TOTAL REPAID
$427,012

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
PINE CITY, MN 55063
INDUSTRY
Other Foundation, Structure, and Building Exterior Contractors · NAICS 238190
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
08
PINE CITY, MN 55063

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