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SBA 7(a)Active, details exempt

Backroad Outlaws Apparel, LLC

PELAHATCHIE, MSThe Citizens Bank of PhiladelphiaClothing Accessories Stores · NAICS 448150
APPROVAL AMOUNT
$84,100
PROGRAM
SBA 7(a)
7 years term
APPROVED
2018-09-20
7% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$1,235
AT RATE
7%
recorded at approval
TOTAL INTEREST
$23,378
over 7.3 yrs
TOTAL REPAID
$107,478

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
PELAHATCHIE, MS 39145
INDUSTRY
Clothing Accessories Stores · NAICS 448150
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
7%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
03
PELAHATCHIE, MS 39145

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