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

R. DONOVAN & SON ELECTRIC CO., INC.

BROOKLYN, NYJPMorgan Chase Bank, National AssociationElectrical Contractors and Other Wiring Installation Contractors · NAICS 238210
APPROVAL AMOUNT
$100,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-30
12.6% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$1,470
AT RATE
12.6%
recorded at approval
TOTAL INTEREST
$76,353
over 10 yrs
TOTAL REPAID
$176,353

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
BROOKLYN, NY 11234
INDUSTRY
Electrical Contractors and Other Wiring Installation Contractors · NAICS 238210
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
12.6%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
08
BROOKLYN, NY 11234

Other loans from this lender · JPMorgan Chase Bank, National Association

View all 95,549 loans from JPMorgan Chase Bank, National Association

Nearby loans · within 10 miles