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SBA 7(a)Charged Off

AVDHESH MANAGEMENT PORTLAND, INC.

DANSVILLE, NYManufacturers and Traders Trust CompanyLimited-Service Restaurants · NAICS 722513
APPROVAL AMOUNT
$200,000
PROGRAM
SBA 7(a)
5 years term
APPROVED
2021-09-24
4.75% rate
JOBS SUPPORTED
12
Borrower-reported

Estimated monthly payment

MONTHLY
$3,751
AT RATE
4.75%
recorded at approval
TOTAL INTEREST
$25,083
over 5 yrs
TOTAL REPAID
$225,083

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
DANSVILLE, NY 14437
INDUSTRY
Limited-Service Restaurants · NAICS 722513
BUSINESS STRUCTURE
Corporation
LOAN TERM
5 years
INITIAL INTEREST RATE
4.75%
LOAN STATUS
Charged Off
CONGRESSIONAL DIST.
23
DANSVILLE, NY 14437

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