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SBA 7(a)Committed, not yet disbursed

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COMMERCE CITY, COFirst Internet Bank of IndianaSpecialized Automotive Repair · NAICS 811114
APPROVAL AMOUNT
$3,029,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-01
7.75% rate
JOBS SUPPORTED
9
Borrower-reported

Estimated monthly payment

MONTHLY
$36,351
AT RATE
7.75%
recorded at approval
TOTAL INTEREST
$1,333,146
over 10 yrs
TOTAL REPAID
$4,362,146

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
COMMERCE CITY, CO 80022
INDUSTRY
Specialized Automotive Repair · NAICS 811114
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
01
COMMERCE CITY, CO 80022

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