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SBA 7(a)Current

GBT Group Inc

Greenlawn, NYNewBankAll Other Specialty Trade Contractors · NAICS 238990
APPROVAL AMOUNT
$1,050,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2025-01-08
8.75% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$8,633
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$1,539,752
over 25 yrs
TOTAL REPAID
$2,589,752

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
Greenlawn, NY 11740
INDUSTRY
All Other Specialty Trade Contractors · NAICS 238990
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Current
Greenlawn, NY 11740

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