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SBA 7(a)Paid in Full

338 WHP LIMITED LIABILITY COMPANY

GALLOWAY, NJLive Oak Banking CompanyHotels (except Casino Hotels) and Motels · NAICS 721110
APPROVAL AMOUNT
$2,500,000
PROGRAM
SBA 7(a)
26 years term
APPROVED
2015-09-16
5.25% rate
JOBS SUPPORTED
20
Borrower-reported

Estimated monthly payment

MONTHLY
$14,704
AT RATE
5.25%
recorded at approval
TOTAL INTEREST
$2,087,570
over 26 yrs
TOTAL REPAID
$4,587,570

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
GALLOWAY, NJ 08205
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Corporation
LOAN TERM
26 years
INITIAL INTEREST RATE
5.25%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
02
GALLOWAY, NJ 08205

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