Find Lenders
SBA 7(a)Committed, not yet disbursed

Powell Agency LLC

SPARTANBURG, SCTowneBankInsurance Agencies and Brokerages · NAICS 524210
APPROVAL AMOUNT
$584,500
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-23
9.5% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$7,563
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$323,094
over 10 yrs
TOTAL REPAID
$907,594

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
SPARTANBURG, SC 29301
INDUSTRY
Insurance Agencies and Brokerages · NAICS 524210
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
04
SPARTANBURG, SC 29301

Other loans from this lender · TowneBank

View all 1,538 loans from TowneBank

Nearby loans · within 10 miles