SBA 7(a)Committed, not yet disbursed

Locked Off Road, LLC

SARASOTA, FLJPMorgan Chase Bank, National AssociationMotor Vehicle Steering and Suspension Components (except Spring) Manufacturing · NAICS 336330

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APPROVAL AMOUNT

$263,000

PROGRAM

SBA 7(a)

7 years term

APPROVED

2026-06-30

9.7% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$4,325

AT RATE

9.7%

recorded at approval

TOTAL INTEREST

$100,338

over 7 yrs

TOTAL REPAID

$363,338

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

SARASOTA, FL 34240

INDUSTRY

Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing · NAICS 336330

BUSINESS STRUCTURE

Corporation

LOAN TERM

7 years

INITIAL INTEREST RATE

9.7%

LOAN STATUS

Committed, not yet disbursed

CONGRESSIONAL DIST.

SARASOTA, FL 34240

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