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SBA 7(a)Active, details exempt

OCD PAINTING AND FLOORING INC.

TAVARES, FLNortheast BankAll Other Specialty Trade Contractors · NAICS 238990
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APPROVAL AMOUNT
$350,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-01-09
10.5% rate
JOBS SUPPORTED
15
Borrower-reported

Estimated monthly payment

MONTHLY
$4,723
AT RATE
10.5%
recorded at approval
TOTAL INTEREST
$216,727
over 10 yrs
TOTAL REPAID
$566,727

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
TAVARES, FL 32778
INDUSTRY
All Other Specialty Trade Contractors · NAICS 238990
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
06
TAVARES, FL 32778

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