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SBA 7(a)Committed, not yet disbursed

Signs and Design LLC

NEW ORLEANS, LAThe Citizens National Bank of MeridianIndoor and Outdoor Display Advertising · NAICS 541850
APPROVAL AMOUNT
$50,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2026-06-12
9.5% rate
JOBS SUPPORTED
9
Borrower-reported

Estimated monthly payment

MONTHLY
$817
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$18,645
over 7 yrs
TOTAL REPAID
$68,645

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
NEW ORLEANS, LA 70115
INDUSTRY
Indoor and Outdoor Display Advertising · NAICS 541850
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
01
NEW ORLEANS, LA 70115

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