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SBA 7(a)Active, details exempt

STOWED STORAGE II LLC

VICKSBURG, MSLive Oak Banking CompanyLessors of Miniwarehouses and Self-Storage Units · NAICS 531130
APPROVAL AMOUNT
$645,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-04-29
7.75% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$4,872
AT RATE
7.75%
recorded at approval
TOTAL INTEREST
$816,561
over 25 yrs
TOTAL REPAID
$1,461,561

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
VICKSBURG, MS 39180
INDUSTRY
Lessors of Miniwarehouses and Self-Storage Units · NAICS 531130
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
7.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
02
VICKSBURG, MS 39180

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