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SBA 7(a)Paid in Full

ALPHA CONTRACTING, LLC

CLARKSBURG, MDTD Bank, National AssociationResidential Remodelers · NAICS 236118
APPROVAL AMOUNT
$20,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2018-05-04
10.54% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$270
AT RATE
10.54%
recorded at approval
TOTAL INTEREST
$12,438
over 10 yrs
TOTAL REPAID
$32,438

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
CLARKSBURG, MD 20871
INDUSTRY
Residential Remodelers · NAICS 236118
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.54%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
06
CLARKSBURG, MD 20871

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