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SBA 7(a)Committed, not yet disbursed

Moore Equipment Solutions LLC

PEARL, MSThe Citizens National Bank of MeridianCommercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance · NAICS 811310
APPROVAL AMOUNT
$342,500
PROGRAM
SBA 7(a)
11 years term
APPROVED
2026-06-08
9.5% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$4,306
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$200,008
over 10.5 yrs
TOTAL REPAID
$542,508

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
PEARL, MS 39208
INDUSTRY
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance · NAICS 811310
BUSINESS STRUCTURE
Corporation
LOAN TERM
11 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
03
PEARL, MS 39208

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