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SBA 7(a)Committed, not yet disbursed

Tejas Traffic Systems LLC

NEW BRAUNFELS, TXEncore BankElectrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers · NAICS 423610
APPROVAL AMOUNT
$300,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-04
9.75% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$3,923
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$170,773
over 10 yrs
TOTAL REPAID
$470,773

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
NEW BRAUNFELS, TX 78132
INDUSTRY
Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers · NAICS 423610
BUSINESS STRUCTURE
Partnership
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
15
NEW BRAUNFELS, TX 78132

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