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SBA 7(a)Paid in Full

3825 Orangedale Avenue LLC

Montrose, CAEnterprise Bank & TrustElementary and Secondary Schools · NAICS 611110
APPROVAL AMOUNT
$1,125,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2014-02-21
3.25% rate
JOBS SUPPORTED
14
Borrower-reported

Estimated monthly payment

MONTHLY
$5,482
AT RATE
3.25%
recorded at approval
TOTAL INTEREST
$519,692
over 25 yrs
TOTAL REPAID
$1,644,692

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
Montrose, CA 91020
INDUSTRY
Elementary and Secondary Schools · NAICS 611110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
3.25%
LOAN STATUS
Paid in Full
Montrose, CA 91020

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