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SBA 7(a)Committed, not yet disbursed

JARCK INDUSTRIES, INC.

ADDISON, ILByline BankBroom, Brush, and Mop Manufacturing · NAICS 339994
APPROVAL AMOUNT
$4,650,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-06-26
8.5% rate
JOBS SUPPORTED
37
Borrower-reported

Estimated monthly payment

MONTHLY
$37,443
AT RATE
8.5%
recorded at approval
TOTAL INTEREST
$6,582,918
over 25 yrs
TOTAL REPAID
$11,232,918

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
ADDISON, IL 60101
INDUSTRY
Broom, Brush, and Mop Manufacturing · NAICS 339994
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
8.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
08
ADDISON, IL 60101

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