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SBA 7(a)Committed, not yet disbursed

RM CONTRACTORS LLC

HOUSTON, TXCapital Community BankRoofing Contractors · NAICS 238160
APPROVAL AMOUNT
$530,500
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-06-05
8.75% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$4,361
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$777,942
over 25 yrs
TOTAL REPAID
$1,308,442

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
HOUSTON, TX 77025
INDUSTRY
Roofing Contractors · NAICS 238160
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
02
HOUSTON, TX 77025

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