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SBA 7(a)Committed, not yet disbursed

The Kings's Mitigator, Inc.

NEW ALBANY, INStock Yards Bank & Trust CompanyResidential Remodelers · NAICS 236118
APPROVAL AMOUNT
$424,500
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-06-18
7.25% rate
JOBS SUPPORTED
15
Borrower-reported

Estimated monthly payment

MONTHLY
$3,068
AT RATE
7.25%
recorded at approval
TOTAL INTEREST
$495,995
over 25 yrs
TOTAL REPAID
$920,495

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 ALBANY, IN 47150
INDUSTRY
Residential Remodelers · NAICS 236118
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
7.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
09
NEW ALBANY, IN 47150

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