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SBA 7(a)Active, details exempt

JB Logistics, Inc.

RICHMOND, VAWells Fargo Bank National AssociationCouriers and Express Delivery Services · NAICS 492110
APPROVAL AMOUNT
$1,836,500
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-03-05
7.93% rate
JOBS SUPPORTED
90
Borrower-reported

Estimated monthly payment

MONTHLY
$22,214
AT RATE
7.93%
recorded at approval
TOTAL INTEREST
$829,173
over 10 yrs
TOTAL REPAID
$2,665,673

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
RICHMOND, VA 23230
INDUSTRY
Couriers and Express Delivery Services · NAICS 492110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7.93%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
03
RICHMOND, VA 23230

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