Find Lenders
SBA 7(a)Cancelled

Reynolds Insurance Group Inc

MAGNOLIA, TXBankwell BankInsurance Agencies and Brokerages · NAICS 524210
APPROVAL AMOUNT
$2,725,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-05-18
8.5% rate
JOBS SUPPORTED
8
Borrower-reported

Estimated monthly payment

MONTHLY
$33,786
AT RATE
8.5%
recorded at approval
TOTAL INTEREST
$1,329,332
over 10 yrs
TOTAL REPAID
$4,054,332

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
MAGNOLIA, TX 77355
INDUSTRY
Insurance Agencies and Brokerages · NAICS 524210
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.5%
LOAN STATUS
Cancelled
CONGRESSIONAL DIST.
08
MAGNOLIA, TX 77355

Other loans from this lender · Bankwell Bank

View all 354 loans from Bankwell Bank

Nearby loans · within 10 miles