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SBA 7(a)Committed, not yet disbursed

S & Y Petroleum Inc

LONG BEACH, CAOpen BankGasoline Stations with Convenience Stores · NAICS 457110
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APPROVAL AMOUNT
$3,295,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-05-07
8% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$25,431
AT RATE
8%
recorded at approval
TOTAL INTEREST
$4,334,403
over 25 yrs
TOTAL REPAID
$7,629,403

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
LONG BEACH, CA 90808
INDUSTRY
Gasoline Stations with Convenience Stores · NAICS 457110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
8%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
38
LONG BEACH, CA 90808

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