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SBA 7(a)Cancelled

Ace Displays LLC

CERRITOS, CAAmerican Business BankCommercial Printing (except Screen and Books) · NAICS 323111
APPROVAL AMOUNT
$770,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2018-09-26
7% rate
JOBS SUPPORTED
32
Borrower-reported

Estimated monthly payment

MONTHLY
$8,940
AT RATE
7%
recorded at approval
TOTAL INTEREST
$302,842
over 10 yrs
TOTAL REPAID
$1,072,842

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
CERRITOS, CA 90703
INDUSTRY
Commercial Printing (except Screen and Books) · NAICS 323111
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7%
LOAN STATUS
Cancelled
CONGRESSIONAL DIST.
38
CERRITOS, CA 90703

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