SBA 7(a)Charged Off

Baraco Paving LLC

TAVARES, FLFive Star BankAll Other Specialty Trade Contractors · NAICS 238990

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APPROVAL AMOUNT

$315,000

PROGRAM

SBA 7(a)

6 years term

APPROVED

2019-08-27

8% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$5,777

AT RATE

recorded at approval

TOTAL INTEREST

$77,807

over 5.7 yrs

TOTAL REPAID

$392,807

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

TAVARES, FL 32778

INDUSTRY

All Other Specialty Trade Contractors · NAICS 238990

BUSINESS STRUCTURE

Corporation

LOAN TERM

6 years

INITIAL INTEREST RATE

LOAN STATUS

Charged Off

CONGRESSIONAL DIST.

TAVARES, FL 32778

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