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SBA 7(a)Committed, not yet disbursed

KC Electric Inc

ENID, OKDream First Bank National AssociationElectrical Contractors and Other Wiring Installation Contractors · NAICS 238210
APPROVAL AMOUNT
$3,248,900
PROGRAM
SBA 7(a)
13 years term
APPROVED
2026-06-01
7.5% rate
JOBS SUPPORTED
54
Borrower-reported

Estimated monthly payment

MONTHLY
$32,663
AT RATE
7.5%
recorded at approval
TOTAL INTEREST
$1,846,603
over 13 yrs
TOTAL REPAID
$5,095,503

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
ENID, OK 73703
INDUSTRY
Electrical Contractors and Other Wiring Installation Contractors · NAICS 238210
BUSINESS STRUCTURE
Corporation
LOAN TERM
13 years
INITIAL INTEREST RATE
7.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
03
ENID, OK 73703

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