Find Lenders
SBA 7(a)Active, details exempt

GBS Wireless

PLANO, TXNewtek Bank, National AssociationAll Other Professional, Scientific, and Technical Services · NAICS 541990
APPROVAL AMOUNT
$2,600,000
PROGRAM
SBA 7(a)
9 years term
APPROVED
2023-03-20
10.75% rate
JOBS SUPPORTED
72
Borrower-reported

Estimated monthly payment

MONTHLY
$38,760
AT RATE
10.75%
recorded at approval
TOTAL INTEREST
$1,392,264
over 8.6 yrs
TOTAL REPAID
$3,992,264

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
PLANO, TX 75074
INDUSTRY
All Other Professional, Scientific, and Technical Services · NAICS 541990
BUSINESS STRUCTURE
Corporation
LOAN TERM
9 years
INITIAL INTEREST RATE
10.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
03
PLANO, TX 75074

Other loans from this lender · Newtek Bank, National Association

View all 10,748 loans from Newtek Bank, National Association

Nearby loans · within 10 miles