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SBA 7(a)Committed, not yet disbursed

Wheel Way LLC

FRANKLIN, TNRepublic Bank & Trust CompanyGeneral Automotive Repair · NAICS 811111
APPROVAL AMOUNT
$25,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-05-22
8.25% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$307
AT RATE
8.25%
recorded at approval
TOTAL INTEREST
$11,796
over 10 yrs
TOTAL REPAID
$36,796

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
FRANKLIN, TN 37069
INDUSTRY
General Automotive Repair · NAICS 811111
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
07
FRANKLIN, TN 37069

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