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SBA 7(a)Committed, not yet disbursed

Sandhill Glass Co.

ROSEVILLE, MIWesBanco Bank, Inc.Glass and Glazing Contractors · NAICS 238150
APPROVAL AMOUNT
$350,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-15
9.25% rate
JOBS SUPPORTED
19
Borrower-reported

Estimated monthly payment

MONTHLY
$4,481
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$187,737
over 10 yrs
TOTAL REPAID
$537,737

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
ROSEVILLE, MI 48066
INDUSTRY
Glass and Glazing Contractors · NAICS 238150
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
09
ROSEVILLE, MI 48066

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