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SBA 7(a)Current

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Jeannette, PABeacon Bank and TrustFood Service Contractors · NAICS 722310
APPROVAL AMOUNT
$4,190,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2025-11-25
8.5% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$33,739
AT RATE
8.5%
recorded at approval
TOTAL INTEREST
$5,931,704
over 25 yrs
TOTAL REPAID
$10,121,704

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
Jeannette, PA 15644
INDUSTRY
Food Service Contractors · NAICS 722310
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
8.5%
LOAN STATUS
Current
Jeannette, PA 15644

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