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SBA 7(a)Active, details exempt

MICHAEL BISHOP

PELLA, IAU.S. Bank, National AssociationLandscaping Services · NAICS 561730
APPROVAL AMOUNT
$35,000
PROGRAM
SBA 7(a)
5 years term
APPROVED
2026-03-26
8.49% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$718
AT RATE
8.49%
recorded at approval
TOTAL INTEREST
$8,075
over 5 yrs
TOTAL REPAID
$43,075

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
PELLA, IA 50219
INDUSTRY
Landscaping Services · NAICS 561730
BUSINESS STRUCTURE
Individual
LOAN TERM
5 years
INITIAL INTEREST RATE
8.49%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
02
PELLA, IA 50219

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