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SBA 7(a)Current

Matthai Design Group, Inc.

Manchester, PAFirst Bank of the LakeInterior Design Services · NAICS 541410
APPROVAL AMOUNT
$256,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-08-15
10.25% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$3,419
AT RATE
10.25%
recorded at approval
TOTAL INTEREST
$154,232
over 10 yrs
TOTAL REPAID
$410,232

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
Manchester, PA 17345
INDUSTRY
Interior Design Services · NAICS 541410
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.25%
LOAN STATUS
Current
Manchester, PA 17345

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