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SBA 7(a)Committed, not yet disbursed

Mike Wheeler Holdings Inc

INDIANAPOLIS, INKeyBank National AssociationLocal Messengers and Local Delivery · NAICS 492210
APPROVAL AMOUNT
$3,513,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-11
8.75% rate
JOBS SUPPORTED
17
Borrower-reported

Estimated monthly payment

MONTHLY
$44,027
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$1,770,274
over 10 yrs
TOTAL REPAID
$5,283,274

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
INDIANAPOLIS, IN 46224
INDUSTRY
Local Messengers and Local Delivery · NAICS 492210
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
07
INDIANAPOLIS, IN 46224

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