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SBA 7(a)Active, details exempt

JCL GRADING & CONSTRUCTION LLC

TAYLORS, SCTD Bank, National AssociationSite Preparation Contractors · NAICS 238910
APPROVAL AMOUNT
$150,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2019-09-04
8.75% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$1,880
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$75,588
over 10 yrs
TOTAL REPAID
$225,588

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
TAYLORS, SC 29687
INDUSTRY
Site Preparation Contractors · NAICS 238910
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
04
TAYLORS, SC 29687

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