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SBA 7(a)Active, details exempt

Amberrae Foods Inc

MCMURRAY, PAThe Huntington National BankFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$184,900
PROGRAM
SBA 7(a)
6 years term
APPROVED
2021-10-08
6% rate
JOBS SUPPORTED
20
Borrower-reported

Estimated monthly payment

MONTHLY
$2,996
AT RATE
6%
recorded at approval
TOTAL INTEREST
$36,768
over 6.2 yrs
TOTAL REPAID
$221,668

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
MCMURRAY, PA 15317
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
6 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
14
MCMURRAY, PA 15317

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