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SBA 7(a)Committed, not yet disbursed

GTL Lumber Inc

IRONTON, OHFirst Commonwealth BankSawmills · NAICS 321113
APPROVAL AMOUNT
$5,000,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-06-26
8% rate
JOBS SUPPORTED
9
Borrower-reported

Estimated monthly payment

MONTHLY
$38,591
AT RATE
8%
recorded at approval
TOTAL INTEREST
$6,577,243
over 25 yrs
TOTAL REPAID
$11,577,243

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
IRONTON, OH 45638
INDUSTRY
Sawmills · NAICS 321113
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
8%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
06
IRONTON, OH 45638

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