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SBA 7(a)Committed, not yet disbursed

HERRING HEAVY HAULING, L.L.C.

NOGAL, NMCeltic Bank CorporationSpecialized Freight (except Used Goods) Trucking, Long-Distance · NAICS 484230
APPROVAL AMOUNT
$150,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-30
9.5% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$1,941
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$82,916
over 10 yrs
TOTAL REPAID
$232,916

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
NOGAL, NM 88341
INDUSTRY
Specialized Freight (except Used Goods) Trucking, Long-Distance · NAICS 484230
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
02
NOGAL, NM 88341

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