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SBA 7(a)CANCLD

Auctionz LLC

Homosassa, FLByline BankHome Furnishing Merchant Wholesalers · NAICS 423220
APPROVAL AMOUNT
$1,603,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2020-04-23
6% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$10,328
AT RATE
6%
recorded at approval
TOTAL INTEREST
$1,495,445
over 25 yrs
TOTAL REPAID
$3,098,445

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
Homosassa, FL 34448
INDUSTRY
Home Furnishing Merchant Wholesalers · NAICS 423220
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6%
LOAN STATUS
CANCLD
Homosassa, FL 34448

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