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SBA 7(a)Active, details exempt

Automotive Outfitters, LLC

ROME, GAFirst National Community BankAutomotive Body, Paint, and Interior Repair and Maintenance · NAICS 811121
APPROVAL AMOUNT
$1,061,000
PROGRAM
SBA 7(a)
19 years term
APPROVED
2017-09-01
6.25% rate
JOBS SUPPORTED
8
Borrower-reported

Estimated monthly payment

MONTHLY
$7,873
AT RATE
6.25%
recorded at approval
TOTAL INTEREST
$773,352
over 19.4 yrs
TOTAL REPAID
$1,834,352

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
ROME, GA 30161
INDUSTRY
Automotive Body, Paint, and Interior Repair and Maintenance · NAICS 811121
BUSINESS STRUCTURE
Corporation
LOAN TERM
19 years
INITIAL INTEREST RATE
6.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
11
ROME, GA 30161

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