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SBA 7(a)Committed, not yet disbursed

Red Bat Ventures LLC

SHELBYVILLE, KYStock Yards Bank & Trust CompanyPlumbing, Heating, and Air-Conditioning Contractors · NAICS 238220
APPROVAL AMOUNT
$50,000
PROGRAM
SBA 7(a)
9 years term
APPROVED
2026-02-11
8.25% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$657
AT RATE
8.25%
recorded at approval
TOTAL INTEREST
$21,003
over 9 yrs
TOTAL REPAID
$71,003

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
SHELBYVILLE, KY 40065
INDUSTRY
Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220
BUSINESS STRUCTURE
Corporation
LOAN TERM
9 years
INITIAL INTEREST RATE
8.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
04
SHELBYVILLE, KY 40065

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