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SBA 7(a)Committed, not yet disbursed

Gragg Heritage Company, LLC

CHARLESTON, WVCommunity Trust Bank, Inc.Used Merchandise Retailers · NAICS 459510
APPROVAL AMOUNT
$284,000
PROGRAM
SBA 7(a)
16 years term
APPROVED
2026-06-16
7.5% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$2,587
AT RATE
7.5%
recorded at approval
TOTAL INTEREST
$197,154
over 15.5 yrs
TOTAL REPAID
$481,154

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
CHARLESTON, WV 25301
INDUSTRY
Used Merchandise Retailers · NAICS 459510
BUSINESS STRUCTURE
Corporation
LOAN TERM
16 years
INITIAL INTEREST RATE
7.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
02
CHARLESTON, WV 25301

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