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SBA 7(a)Committed, not yet disbursed

HEGWOOD ELECTRIC SERVICE, INC.

PEACHTREE CORNERS, GAT Bank, National AssociationRelay and Industrial Control Manufacturing · NAICS 335314
APPROVAL AMOUNT
$3,519,700
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-11
8.25% rate
JOBS SUPPORTED
12
Borrower-reported

Estimated monthly payment

MONTHLY
$43,170
AT RATE
8.25%
recorded at approval
TOTAL INTEREST
$1,660,705
over 10 yrs
TOTAL REPAID
$5,180,405

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
PEACHTREE CORNERS, GA 30092
INDUSTRY
Relay and Industrial Control Manufacturing · NAICS 335314
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
06
PEACHTREE CORNERS, GA 30092

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