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SBA 7(a)Active, details exempt

Beam and Company Inc

FRESNO, CAHanmi BankCommercial and Institutional Building Construction · NAICS 236220
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APPROVAL AMOUNT
$3,129,800
PROGRAM
SBA 7(a)
10 years term
APPROVED
2020-08-28
6% rate
JOBS SUPPORTED
30
Borrower-reported

Estimated monthly payment

MONTHLY
$35,852
AT RATE
6%
recorded at approval
TOTAL INTEREST
$993,185
over 9.6 yrs
TOTAL REPAID
$4,122,985

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
FRESNO, CA 93727
INDUSTRY
Commercial and Institutional Building Construction · NAICS 236220
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
16
FRESNO, CA 93727

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