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SBA 7(a)Committed, not yet disbursed

Meansco II Trucking and Excavating LLC

HARRISON, OHCommunity Choice CUGeneral Freight Trucking, Local · NAICS 484110
APPROVAL AMOUNT
$1,760,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-05-18
9.25% rate
JOBS SUPPORTED
50
Borrower-reported

Estimated monthly payment

MONTHLY
$22,534
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$944,051
over 10 yrs
TOTAL REPAID
$2,704,051

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
HARRISON, OH 45030
INDUSTRY
General Freight Trucking, Local · NAICS 484110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
01
HARRISON, OH 45030

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