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SBA 7(a)Committed, not yet disbursed

PARADOXE CORPORATION

JACKSON, TNRegions BankElectrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers · NAICS 423610
APPROVAL AMOUNT
$2,000,000
PROGRAM
SBA 7(a)
3 years term
APPROVED
2025-02-19
8.05% rate
JOBS SUPPORTED
31
Borrower-reported

Estimated monthly payment

MONTHLY
$62,719
AT RATE
8.05%
recorded at approval
TOTAL INTEREST
$257,879
over 3 yrs
TOTAL REPAID
$2,257,879

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
JACKSON, TN 38305
INDUSTRY
Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers · NAICS 423610
BUSINESS STRUCTURE
Corporation
LOAN TERM
3 years
INITIAL INTEREST RATE
8.05%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
08
JACKSON, TN 38305

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