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SBA 7(a)Paid in Full

TOMEK LOGISTICS INC

LUFKIN, TXCeltic Bank CorporationGeneral Freight Trucking, Local · NAICS 484110
APPROVAL AMOUNT
$905,900
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-03-22
5.75% rate
JOBS SUPPORTED
14
Borrower-reported

Estimated monthly payment

MONTHLY
$9,944
AT RATE
5.75%
recorded at approval
TOTAL INTEREST
$287,379
over 10 yrs
TOTAL REPAID
$1,193,279

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
LUFKIN, TX 75904
INDUSTRY
General Freight Trucking, Local · NAICS 484110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
5.75%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
01
LUFKIN, TX 75904

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