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SBA 7(a)Active, details exempt

523RODS

RICHMOND, CAU.S. Bank, National AssociationGeneral Automotive Repair · NAICS 811111
APPROVAL AMOUNT
$800,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2021-05-05
4.28% rate
JOBS SUPPORTED
14
Borrower-reported

Estimated monthly payment

MONTHLY
$4,347
AT RATE
4.28%
recorded at approval
TOTAL INTEREST
$504,206
over 25 yrs
TOTAL REPAID
$1,304,206

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
RICHMOND, CA 94804
INDUSTRY
General Automotive Repair · NAICS 811111
BUSINESS STRUCTURE
Individual
LOAN TERM
25 years
INITIAL INTEREST RATE
4.28%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
11
RICHMOND, CA 94804

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