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SBA 7(a)Committed, not yet disbursed

Industrial Power and Control Solutions, LLC

CHOUTEAU, OKBancFirstPower and Communication Line and Related Structures Construction · NAICS 237130
APPROVAL AMOUNT
$500,000
PROGRAM
SBA 7(a)
5 years term
APPROVED
2026-06-17
8.25% rate
JOBS SUPPORTED
12
Borrower-reported

Estimated monthly payment

MONTHLY
$10,198
AT RATE
8.25%
recorded at approval
TOTAL INTEREST
$111,888
over 5 yrs
TOTAL REPAID
$611,888

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
CHOUTEAU, OK 74337
INDUSTRY
Power and Communication Line and Related Structures Construction · NAICS 237130
BUSINESS STRUCTURE
Corporation
LOAN TERM
5 years
INITIAL INTEREST RATE
8.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
01
CHOUTEAU, OK 74337

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