SBA 7(a)Current

MATHEWS EXCAVATING AND SEPTIC LLC

Kiowa, CONortheast BankAll Other Specialty Trade Contractors · NAICS 238990

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APPROVAL AMOUNT

$100,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2025-02-18

10.25% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$1,335

AT RATE

10.25%

recorded at approval

TOTAL INTEREST

$60,247

over 10 yrs

TOTAL REPAID

$160,247

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

Kiowa, CO 80117

INDUSTRY

All Other Specialty Trade Contractors · NAICS 238990

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

10.25%

LOAN STATUS

Current

Kiowa, CO 80117

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