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SBA 7(a)Committed, not yet disbursed

MCMKO PROPERTIES LLC

DESOTO, TXMechanics and Farmers BankOffices of Lawyers · NAICS 541110
APPROVAL AMOUNT
$475,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-06-02
6.99% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$3,354
AT RATE
6.99%
recorded at approval
TOTAL INTEREST
$531,251
over 25 yrs
TOTAL REPAID
$1,006,251

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
DESOTO, TX 75115
INDUSTRY
Offices of Lawyers · NAICS 541110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6.99%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
30
DESOTO, TX 75115

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