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SBA 7(a)Committed, not yet disbursed

HIGH DESERT TRUCK REPAIR, LLC.

TERREBONNE, ORStearns Bank National AssociationCommercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance · NAICS 811310
APPROVAL AMOUNT
$225,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-24
9.75% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$2,942
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$128,080
over 10 yrs
TOTAL REPAID
$353,080

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
TERREBONNE, OR 97760
INDUSTRY
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance · NAICS 811310
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
02
TERREBONNE, OR 97760

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