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SBA 7(a)Committed, not yet disbursed

Northern Dynamics LLC

HUDSON, NHNewtek Bank, National AssociationDrywall and Insulation Contractors · NAICS 238310
APPROVAL AMOUNT
$50,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-30
13.25% rate
JOBS SUPPORTED
12
Borrower-reported

Estimated monthly payment

MONTHLY
$754
AT RATE
13.25%
recorded at approval
TOTAL INTEREST
$40,473
over 10 yrs
TOTAL REPAID
$90,473

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
HUDSON, NH 03051
INDUSTRY
Drywall and Insulation Contractors · NAICS 238310
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
13.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
01
HUDSON, NH 03051

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