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SBA 7(a)Committed, not yet disbursed

Potts Coastal Services LLC

KILL DEVIL HILLS, NCTowneBankAll Other Specialty Trade Contractors · NAICS 238990
APPROVAL AMOUNT
$75,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-18
8.75% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$940
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$37,794
over 10 yrs
TOTAL REPAID
$112,794

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
KILL DEVIL HILLS, NC 27948
INDUSTRY
All Other Specialty Trade Contractors · NAICS 238990
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
03
KILL DEVIL HILLS, NC 27948

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