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SBA 7(a)Paid in Full

Alexander Buildings LLC

AKRON, OHByline BankElectroplating, Plating, Polishing, Anodizing, and Coloring · NAICS 332813
APPROVAL AMOUNT
$1,950,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2015-07-13
6% rate
JOBS SUPPORTED
38
Borrower-reported

Estimated monthly payment

MONTHLY
$12,564
AT RATE
6%
recorded at approval
TOTAL INTEREST
$1,819,163
over 25 yrs
TOTAL REPAID
$3,769,163

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
AKRON, OH 44312
INDUSTRY
Electroplating, Plating, Polishing, Anodizing, and Coloring · NAICS 332813
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
11
AKRON, OH 44312

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