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SBA 7(a)Committed, not yet disbursed

Ortiz Metal Processing, LLC

TOOELE, UTCitizens BankRecyclable Material Merchant Wholesalers · NAICS 423930
APPROVAL AMOUNT
$778,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-06-01
9% rate
JOBS SUPPORTED
16
Borrower-reported

Estimated monthly payment

MONTHLY
$6,529
AT RATE
9%
recorded at approval
TOTAL INTEREST
$1,180,684
over 25 yrs
TOTAL REPAID
$1,958,684

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
TOOELE, UT 84074
INDUSTRY
Recyclable Material Merchant Wholesalers · NAICS 423930
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
02
TOOELE, UT 84074

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