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SBA 7(a)Committed, not yet disbursed

May Day Auto Classic Parts, Inc

LEVITTOWN, PANEPA Alliance Business Finance CorporationOther Motor Vehicle Parts Manufacturing · NAICS 336390
APPROVAL AMOUNT
$220,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-04-19
9.25% rate
JOBS SUPPORTED
6
Borrower-reported

Estimated monthly payment

MONTHLY
$2,817
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$118,006
over 10 yrs
TOTAL REPAID
$338,006

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
LEVITTOWN, PA 19057
INDUSTRY
Other Motor Vehicle Parts Manufacturing · NAICS 336390
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
01
LEVITTOWN, PA 19057

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