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SBA 7(a)Active, details exempt

Baba Group, Inc.

PLACENTIA, CAMidFirst BankGasoline Stations with Convenience Stores · NAICS 447110
APPROVAL AMOUNT
$765,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2020-03-13
4.75% rate
JOBS SUPPORTED
6
Borrower-reported

Estimated monthly payment

MONTHLY
$8,021
AT RATE
4.75%
recorded at approval
TOTAL INTEREST
$197,502
over 10 yrs
TOTAL REPAID
$962,502

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
PLACENTIA, CA 92870
INDUSTRY
Gasoline Stations with Convenience Stores · NAICS 447110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
4.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
39
PLACENTIA, CA 92870

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