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SBA 7(a)Paid in Full

AMJOE, LLC

Weaverville, NCFirst-Citizens Bank & Trust CompanyFull-Service Restaurants · NAICS 722110
APPROVAL AMOUNT
$300,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2010-03-03
6% rate
JOBS SUPPORTED
15
Borrower-reported

Estimated monthly payment

MONTHLY
$3,331
AT RATE
6%
recorded at approval
TOTAL INTEREST
$99,674
over 10 yrs
TOTAL REPAID
$399,674

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
Weaverville, NC 28787
INDUSTRY
Full-Service Restaurants · NAICS 722110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Weaverville, NC 28787

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