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SBA 7(a)Active, details exempt

AFM Exquisite Mineralia, LLC

CLINTON, NYManufacturers and Traders Trust CompanyGift, Novelty, and Souvenir Retailers · NAICS 459420
APPROVAL AMOUNT
$50,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-03-06
10.5% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$675
AT RATE
10.5%
recorded at approval
TOTAL INTEREST
$30,961
over 10 yrs
TOTAL REPAID
$80,961

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
CLINTON, NY 13323
INDUSTRY
Gift, Novelty, and Souvenir Retailers · NAICS 459420
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
22
CLINTON, NY 13323

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