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SBA 7(a)Current

Afia, LLC and Afia Inc

Jarrell, TXTexas Capital BankAll Other Miscellaneous Food Manufacturing · NAICS 311999
APPROVAL AMOUNT
$350,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2021-06-24
6% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$3,886
AT RATE
6%
recorded at approval
TOTAL INTEREST
$116,286
over 10 yrs
TOTAL REPAID
$466,286

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
Jarrell, TX 76537
INDUSTRY
All Other Miscellaneous Food Manufacturing · NAICS 311999
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Current
Jarrell, TX 76537

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