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SBA 7(a)Committed, not yet disbursed

ZELLMER BUILDINGS INC

BOONE, IAU.S. Bank, National AssociationIndustrial Building Construction · NAICS 236210
APPROVAL AMOUNT
$100,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-02-10
11.99% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$1,434
AT RATE
11.99%
recorded at approval
TOTAL INTEREST
$72,096
over 10 yrs
TOTAL REPAID
$172,096

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
BOONE, IA 50036
INDUSTRY
Industrial Building Construction · NAICS 236210
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11.99%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
04
BOONE, IA 50036

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