SBA 7(a)Current

5 Little Monkeys Quilting LLC

Weaverville, NCCarolina Small Business Development Fund"Sewing, Needlework, and Piece Goods Stores" · NAICS 451130

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APPROVAL AMOUNT

$150,000

PROGRAM

SBA 7(a)

9 years term

APPROVED

2017-01-24

9.25% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$2,051

AT RATE

9.25%

recorded at approval

TOTAL INTEREST

$71,548

over 9 yrs

TOTAL REPAID

$221,548

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

Weaverville, NC 28787

INDUSTRY

"Sewing, Needlework, and Piece Goods Stores" · NAICS 451130

BUSINESS STRUCTURE

Corporation

LOAN TERM

9 years

INITIAL INTEREST RATE

9.25%

LOAN STATUS

Current

Weaverville, NC 28787

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