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SBA 7(a)Committed, not yet disbursed

Mee Industries,Inc

IRWINDALE, CAGBC International BankAir-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing · NAICS 333415
APPROVAL AMOUNT
$2,300,000
PROGRAM
SBA 7(a)
1 years term
APPROVED
2026-05-05
8.75% rate
JOBS SUPPORTED
74
Borrower-reported

Estimated monthly payment

MONTHLY
$200,872
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$110,462
over 1 yrs
TOTAL REPAID
$2,410,462

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
IRWINDALE, CA 91702
INDUSTRY
Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing · NAICS 333415
BUSINESS STRUCTURE
Corporation
LOAN TERM
1 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
27
IRWINDALE, CA 91702

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