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SBA 7(a)Committed, not yet disbursed

NGV South, LLC

MCMURRAY, PAThe Huntington National BankLimited-Service Restaurants · NAICS 722513
APPROVAL AMOUNT
$100,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-11-18
8.75% rate
JOBS SUPPORTED
35
Borrower-reported

Estimated monthly payment

MONTHLY
$1,253
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$50,392
over 10 yrs
TOTAL REPAID
$150,392

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
MCMURRAY, PA 15317
INDUSTRY
Limited-Service Restaurants · NAICS 722513
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
14
MCMURRAY, PA 15317

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