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SBA 7(a)Active, details exempt

GTA LLC

WAITE PARK, MNFalcon National BankGeneral Automotive Repair · NAICS 811111
APPROVAL AMOUNT
$1,239,000
PROGRAM
SBA 7(a)
15 years term
APPROVED
2026-05-15
7.75% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$11,662
AT RATE
7.75%
recorded at approval
TOTAL INTEREST
$860,233
over 15 yrs
TOTAL REPAID
$2,099,233

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
WAITE PARK, MN 56387
INDUSTRY
General Automotive Repair · NAICS 811111
BUSINESS STRUCTURE
Corporation
LOAN TERM
15 years
INITIAL INTEREST RATE
7.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
06
WAITE PARK, MN 56387

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