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SBA 7(a)Paid in Full

H & H Electrical, LLC

PELAHATCHIE, MSCommunity Bank of MississippiElectrical Contractors and Other Wiring Installation Contractors · NAICS 238210
APPROVAL AMOUNT
$75,000
PROGRAM
SBA 7(a)
8 years term
APPROVED
2020-10-22
5.5% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$976
AT RATE
5.5%
recorded at approval
TOTAL INTEREST
$17,678
over 7.9 yrs
TOTAL REPAID
$92,678

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
PELAHATCHIE, MS 39145
INDUSTRY
Electrical Contractors and Other Wiring Installation Contractors · NAICS 238210
BUSINESS STRUCTURE
Corporation
LOAN TERM
8 years
INITIAL INTEREST RATE
5.5%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
03
PELAHATCHIE, MS 39145

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