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SBA 7(a)Active, details exempt

778 DK Partners Inc

STATEN ISLAND, NYNewBankSupermarkets and Other Grocery (except Convenience) Stores · NAICS 445110
APPROVAL AMOUNT
$1,200,000
PROGRAM
SBA 7(a)
2 years term
APPROVED
2016-01-07
6% rate
JOBS SUPPORTED
16
Borrower-reported

Estimated monthly payment

MONTHLY
$53,185
AT RATE
6%
recorded at approval
TOTAL INTEREST
$76,434
over 2 yrs
TOTAL REPAID
$1,276,434

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
STATEN ISLAND, NY 10314
INDUSTRY
Supermarkets and Other Grocery (except Convenience) Stores · NAICS 445110
BUSINESS STRUCTURE
Corporation
LOAN TERM
2 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
11
STATEN ISLAND, NY 10314

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