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SBA 7(a)Active, details exempt

ST. PAUL PLUMBING & HEATING CO.

WOODBURY, MNPlatinum BankPlumbing, Heating, and Air-Conditioning Contractors · NAICS 238220
APPROVAL AMOUNT
$1,000,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-05-13
8.75% rate
JOBS SUPPORTED
29
Borrower-reported

Estimated monthly payment

MONTHLY
$12,533
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$503,921
over 10 yrs
TOTAL REPAID
$1,503,921

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
WOODBURY, MN 55125
INDUSTRY
Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
04
WOODBURY, MN 55125

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