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SBA 7(a)Committed, not yet disbursed

Recreation Engineering, LLC

REXBURG, IDThe Huntington National BankEngineering Services · NAICS 541330
APPROVAL AMOUNT
$250,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-08-25
9.25% rate
JOBS SUPPORTED
13
Borrower-reported

Estimated monthly payment

MONTHLY
$3,201
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$134,098
over 10 yrs
TOTAL REPAID
$384,098

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
REXBURG, ID 83440
INDUSTRY
Engineering Services · NAICS 541330
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
02
REXBURG, ID 83440

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