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SBA 7(a)Current

808 Commerce LLC

Thornwood, NYTD Bank, National AssociationLimited-Service Restaurants · NAICS 722211
APPROVAL AMOUNT
$440,000
PROGRAM
SBA 7(a)
20 years term
APPROVED
2023-08-09
13% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$5,155
AT RATE
13%
recorded at approval
TOTAL INTEREST
$797,184
over 20 yrs
TOTAL REPAID
$1,237,184

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
Thornwood, NY 10594
INDUSTRY
Limited-Service Restaurants · NAICS 722211
BUSINESS STRUCTURE
Corporation
LOAN TERM
20 years
INITIAL INTEREST RATE
13%
LOAN STATUS
Current
Thornwood, NY 10594

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