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SBA 7(a)Active, details exempt

GM 1360 LLC

CLEVELAND, GAVallant BankAutomotive Oil Change and Lubrication Shops · NAICS 811191
APPROVAL AMOUNT
$2,400,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-04-09
8.25% rate
JOBS SUPPORTED
15
Borrower-reported

Estimated monthly payment

MONTHLY
$18,923
AT RATE
8.25%
recorded at approval
TOTAL INTEREST
$3,276,841
over 25 yrs
TOTAL REPAID
$5,676,841

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
CLEVELAND, GA 30528
INDUSTRY
Automotive Oil Change and Lubrication Shops · NAICS 811191
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
8.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
09
CLEVELAND, GA 30528

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