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SBA 7(a)Committed, not yet disbursed

Oswalt Equipment Company

OKLAHOMA CITY, OKFirst Oklahoma BankOther Commercial Equipment Merchant Wholesalers · NAICS 423440
APPROVAL AMOUNT
$3,812,400
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-06-26
8% rate
JOBS SUPPORTED
46
Borrower-reported

Estimated monthly payment

MONTHLY
$29,425
AT RATE
8%
recorded at approval
TOTAL INTEREST
$5,015,016
over 25 yrs
TOTAL REPAID
$8,827,416

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
OKLAHOMA CITY, OK 73128
INDUSTRY
Other Commercial Equipment Merchant Wholesalers · NAICS 423440
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
8%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
03
OKLAHOMA CITY, OK 73128

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