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SBA 7(a)Committed, not yet disbursed

Teal Ridge Roofing and Exteriors LLC

RICHMOND, KYRepublic Bank & Trust CompanyRoofing Contractors · NAICS 238160
APPROVAL AMOUNT
$1,500,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-04-29
7% rate
JOBS SUPPORTED
55
Borrower-reported

Estimated monthly payment

MONTHLY
$17,416
AT RATE
7%
recorded at approval
TOTAL INTEREST
$589,953
over 10 yrs
TOTAL REPAID
$2,089,953

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
RICHMOND, KY 40475
INDUSTRY
Roofing Contractors · NAICS 238160
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
06
RICHMOND, KY 40475

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