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SBA 7(a)Active, details exempt

Atchafalaya Assets Inc.

MAGNOLIA, TXCapital One National AssociationOil and Gas Field Machinery and Equipment Manufacturing · NAICS 333132
APPROVAL AMOUNT
$1,413,000
PROGRAM
SBA 7(a)
11 years term
APPROVED
2014-09-16
5.4% rate
JOBS SUPPORTED
14
Borrower-reported

Estimated monthly payment

MONTHLY
$14,717
AT RATE
5.4%
recorded at approval
TOTAL INTEREST
$441,333
over 10.5 yrs
TOTAL REPAID
$1,854,333

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
MAGNOLIA, TX 77354
INDUSTRY
Oil and Gas Field Machinery and Equipment Manufacturing · NAICS 333132
BUSINESS STRUCTURE
Corporation
LOAN TERM
11 years
INITIAL INTEREST RATE
5.4%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
08
MAGNOLIA, TX 77354

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