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SBA 7(a)Committed, not yet disbursed

J&N Auto Service, LLC

MANASSAS PARK, VAManufacturers and Traders Trust CompanyGeneral Automotive Repair · NAICS 811111
APPROVAL AMOUNT
$250,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2026-06-24
9.75% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$4,118
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$95,918
over 7 yrs
TOTAL REPAID
$345,918

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
MANASSAS PARK, VA 20111
INDUSTRY
General Automotive Repair · NAICS 811111
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
01
MANASSAS PARK, VA 20111

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