SBA 7(a)Paid in Full

ARS GAS & GROCERIES INC

YAKIMA, WABank of HopeGasoline Stations with Convenience Stores · NAICS 447110

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APPROVAL AMOUNT

$1,200,000

PROGRAM

SBA 7(a)

25 years term

APPROVED

2010-12-01

5.75% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$7,549

AT RATE

5.75%

recorded at approval

TOTAL INTEREST

$1,064,783

over 25 yrs

TOTAL REPAID

$2,264,783

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

YAKIMA, WA 98902

INDUSTRY

Gasoline Stations with Convenience Stores · NAICS 447110

BUSINESS STRUCTURE

Corporation

LOAN TERM

25 years

INITIAL INTEREST RATE

5.75%

LOAN STATUS

Paid in Full

CONGRESSIONAL DIST.

YAKIMA, WA 98902

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