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SBA 7(a)Committed, not yet disbursed

SBS & Design LLC

MOBILE, ALOakworth Capital BankOther Building Material Dealers · NAICS 444180
APPROVAL AMOUNT
$2,076,700
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-03
7% rate
JOBS SUPPORTED
8
Borrower-reported

Estimated monthly payment

MONTHLY
$24,112
AT RATE
7%
recorded at approval
TOTAL INTEREST
$816,770
over 10 yrs
TOTAL REPAID
$2,893,470

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
MOBILE, AL 36693
INDUSTRY
Other Building Material Dealers · NAICS 444180
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
01
MOBILE, AL 36693

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