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SBA 7(a)Cancelled

Watkins Poultry Farm

UNION, MSCommunity Bank of MississippiBroilers and Other Meat Type Chicken Production · NAICS 112320
APPROVAL AMOUNT
$2,675,000
PROGRAM
SBA 7(a)
16 years term
APPROVED
2026-05-13
7.25% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$23,579
AT RATE
7.25%
recorded at approval
TOTAL INTEREST
$1,852,166
over 16 yrs
TOTAL REPAID
$4,527,166

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
UNION, MS 39365
INDUSTRY
Broilers and Other Meat Type Chicken Production · NAICS 112320
BUSINESS STRUCTURE
Individual
LOAN TERM
16 years
INITIAL INTEREST RATE
7.25%
LOAN STATUS
Cancelled
CONGRESSIONAL DIST.
02
UNION, MS 39365

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