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SBA 7(a)Committed, not yet disbursed

Gorilla Property Services Southwest Houston

BAY CITY, TXLexicon BankOther Services to Buildings and Dwellings · NAICS 561790
APPROVAL AMOUNT
$248,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-02
9.5% rate
JOBS SUPPORTED
6
Borrower-reported

Estimated monthly payment

MONTHLY
$3,209
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$137,087
over 10 yrs
TOTAL REPAID
$385,087

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
BAY CITY, TX 77414
INDUSTRY
Other Services to Buildings and Dwellings · NAICS 561790
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
14
BAY CITY, TX 77414

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