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SBA 7(a)Committed, not yet disbursed

Southeastern Laboratory Apparatus

NORTH AUGUSTA, SCUnited Community BankGlass Product Manufacturing Made of Purchased Glass · NAICS 327215
APPROVAL AMOUNT
$715,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-05-20
8.75% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$8,961
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$360,304
over 10 yrs
TOTAL REPAID
$1,075,304

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
NORTH AUGUSTA, SC 29860
INDUSTRY
Glass Product Manufacturing Made of Purchased Glass · NAICS 327215
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
02
NORTH AUGUSTA, SC 29860

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