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SBA 7(a)Committed, not yet disbursed

Iowa Aviation Services Corp

NORWALK, IACitizens BankOther Support Activities for Air Transportation · NAICS 488190
APPROVAL AMOUNT
$443,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-05-05
9.75% rate
JOBS SUPPORTED
12
Borrower-reported

Estimated monthly payment

MONTHLY
$5,793
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$252,175
over 10 yrs
TOTAL REPAID
$695,175

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
NORWALK, IA 50211
INDUSTRY
Other Support Activities for Air Transportation · NAICS 488190
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
03
NORWALK, IA 50211

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