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SBA 7(a)Committed, not yet disbursed

PAINTER BROS OF WESTCHESTER

SCARSDALE, NYFirst Bank of the LakePainting and Wall Covering Contractors · NAICS 238320
APPROVAL AMOUNT
$313,600
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-04-22
9.75% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$4,101
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$178,515
over 10 yrs
TOTAL REPAID
$492,115

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
SCARSDALE, NY 10583
INDUSTRY
Painting and Wall Covering Contractors · NAICS 238320
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
16
SCARSDALE, NY 10583

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