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SBA 7(a)Committed, not yet disbursed

North Coast Poly Inc.

ERIE, PACRF Small Business Loan Company, LLCPlastics Packaging Film and Sheet (including Laminated) Manufacturing · NAICS 326112
APPROVAL AMOUNT
$1,875,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-06-23
8.5% rate
JOBS SUPPORTED
52
Borrower-reported

Estimated monthly payment

MONTHLY
$15,098
AT RATE
8.5%
recorded at approval
TOTAL INTEREST
$2,654,402
over 25 yrs
TOTAL REPAID
$4,529,402

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
ERIE, PA 16506
INDUSTRY
Plastics Packaging Film and Sheet (including Laminated) Manufacturing · NAICS 326112
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
8.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
16
ERIE, PA 16506

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