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SBA 7(a)Current

Reconview LLC

Locust, NCCitizens BankSecurity Systems Services (except Locksmiths) · NAICS 561621
APPROVAL AMOUNT
$2,574,500
PROGRAM
SBA 7(a)
26 years term
APPROVED
2025-12-19
9.75% rate
JOBS SUPPORTED
12
Borrower-reported

Estimated monthly payment

MONTHLY
$22,771
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$4,484,515
over 25.8 yrs
TOTAL REPAID
$7,059,015

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
Locust, NC 28097
INDUSTRY
Security Systems Services (except Locksmiths) · NAICS 561621
BUSINESS STRUCTURE
Corporation
LOAN TERM
26 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Current
Locust, NC 28097

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