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SBA 7(a)Committed, not yet disbursed

STATEN ISLAND MECHANICAL LLC

STATEN ISLAND, NYSantander Bank, National AssociationPlumbing, Heating, and Air-Conditioning Contractors · NAICS 238220
APPROVAL AMOUNT
$57,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-30
10.63% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$773
AT RATE
10.63%
recorded at approval
TOTAL INTEREST
$35,794
over 10 yrs
TOTAL REPAID
$92,794

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
STATEN ISLAND, NY 10305
INDUSTRY
Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.63%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
11
STATEN ISLAND, NY 10305

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