Find Lenders
SBA 7(a)CANCLD

BARONE NC PROPERTIES LLC

Maggie Valley, NCSouthState Bank, National AssociationHotels (except Casino Hotels) and Motels · NAICS 721110
APPROVAL AMOUNT
$382,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2021-06-04
5.5% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$2,346
AT RATE
5.5%
recorded at approval
TOTAL INTEREST
$321,744
over 25 yrs
TOTAL REPAID
$703,744

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
Maggie Valley, NC 28751
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
5.5%
LOAN STATUS
CANCLD
Maggie Valley, NC 28751

Other loans from this lender · SouthState Bank, National Association

View all 6,706 loans from SouthState Bank, National Association

Nearby loans · within 10 miles