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SBA 7(a)Active, details exempt

American door llc

BARTLETT, TNBayFirst National BankOther Building Finishing Contractors · NAICS 238390
APPROVAL AMOUNT
$150,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2023-09-27
13.25% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$2,262
AT RATE
13.25%
recorded at approval
TOTAL INTEREST
$121,420
over 10 yrs
TOTAL REPAID
$271,420

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
BARTLETT, TN 38134
INDUSTRY
Other Building Finishing Contractors · NAICS 238390
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
13.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
07
BARTLETT, TN 38134

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