Find Lenders
SBA 7(a)Active, details exempt

Martin's Heavy Equipment Repair LLC, Austin Lugo,Courtney Lugo

PEORIA, AZGulf Coast Bank and Trust CompanyCommercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance · NAICS 811310
APPROVAL AMOUNT
$1,403,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-02-11
9.5% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$18,154
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$775,537
over 10 yrs
TOTAL REPAID
$2,178,537

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
PEORIA, AZ 85383
INDUSTRY
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance · NAICS 811310
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
04
PEORIA, AZ 85383

Other loans from this lender · Gulf Coast Bank and Trust Company

View all 2,820 loans from Gulf Coast Bank and Trust Company

Nearby loans · within 10 miles