SBA 7(a)Committed, not yet disbursed

Sumas Fuel and Pantry, LLC

SUMAS, WACraft BankGasoline Stations with Convenience Stores · NAICS 457110

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APPROVAL AMOUNT

$525,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2025-01-22

11.25% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$7,306

AT RATE

11.25%

recorded at approval

TOTAL INTEREST

$351,764

over 10 yrs

TOTAL REPAID

$876,764

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

SUMAS, WA 98295

INDUSTRY

Gasoline Stations with Convenience Stores · NAICS 457110

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

11.25%

LOAN STATUS

Committed, not yet disbursed

CONGRESSIONAL DIST.

SUMAS, WA 98295

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