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SBA 7(a)Current

Gertzen Water Mgmt Co.

Wanatah, INCentier BankWater Supply and Irrigation Systems · NAICS 221310
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APPROVAL AMOUNT
$870,300
PROGRAM
SBA 7(a)
20 years term
APPROVED
2023-02-28
7.5% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$7,011
AT RATE
7.5%
recorded at approval
TOTAL INTEREST
$812,359
over 20 yrs
TOTAL REPAID
$1,682,659

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
Wanatah, IN 46390
INDUSTRY
Water Supply and Irrigation Systems · NAICS 221310
BUSINESS STRUCTURE
Corporation
LOAN TERM
20 years
INITIAL INTEREST RATE
7.5%
LOAN STATUS
Current
Wanatah, IN 46390

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