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SBA 7(a)Active, details exempt

Texas Independent Breweries Firm, LLC

KEMAH, TXSecurity State Bank and TrustBeer and Ale Merchant Wholesalers · NAICS 424810
APPROVAL AMOUNT
$150,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-04-17
10% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$1,973
AT RATE
10%
recorded at approval
TOTAL INTEREST
$88,698
over 10.1 yrs
TOTAL REPAID
$238,698

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
KEMAH, TX 77565
INDUSTRY
Beer and Ale Merchant Wholesalers · NAICS 424810
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
14
KEMAH, TX 77565

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