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SBA 7(a)Committed, not yet disbursed

Ingios Geotechnics, Inc

BOONE, IALincoln Savings BankAll Other Professional, Scientific, and Technical Services · NAICS 541990
APPROVAL AMOUNT
$2,278,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-08
7.324% rate
JOBS SUPPORTED
9
Borrower-reported

Estimated monthly payment

MONTHLY
$26,831
AT RATE
7.324%
recorded at approval
TOTAL INTEREST
$941,776
over 10 yrs
TOTAL REPAID
$3,219,776

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
BOONE, IA 50036
INDUSTRY
All Other Professional, Scientific, and Technical Services · NAICS 541990
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7.324%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
04
BOONE, IA 50036

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