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SBA 7(a)Active, details exempt

TIMBER DESIGN CONSTRUCTION INC

BIG BEAR CITY, CAU.S. Bank, National AssociationNew Single-Family Housing Construction (except For-Sale Builders) · NAICS 236115
APPROVAL AMOUNT
$50,000
PROGRAM
SBA 7(a)
5 years term
APPROVED
2026-04-22
8.24% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$1,020
AT RATE
8.24%
recorded at approval
TOTAL INTEREST
$11,174
over 5 yrs
TOTAL REPAID
$61,174

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
BIG BEAR CITY, CA 92314
INDUSTRY
New Single-Family Housing Construction (except For-Sale Builders) · NAICS 236115
BUSINESS STRUCTURE
Corporation
LOAN TERM
5 years
INITIAL INTEREST RATE
8.24%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
08
BIG BEAR CITY, CA 92314

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