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SBA 7(a)Active, details exempt

L&G INTERMODAL LLC

NEW CANEY, TXLendistry SBLC, LLCGeneral Freight Trucking, Long-Distance, Truckload · NAICS 484121
APPROVAL AMOUNT
$202,700
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-12-18
12.75% rate
JOBS SUPPORTED
14
Borrower-reported

Estimated monthly payment

MONTHLY
$2,997
AT RATE
12.75%
recorded at approval
TOTAL INTEREST
$156,906
over 10 yrs
TOTAL REPAID
$359,606

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
NEW CANEY, TX 77357
INDUSTRY
General Freight Trucking, Long-Distance, Truckload · NAICS 484121
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
12.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
02
NEW CANEY, TX 77357

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