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SBA 7(a)Active, details exempt

Bear Creek Entertainment LLC

FRANKLINVILLE, NYNewtek Small Business Finance, Inc.RV (Recreational Vehicle) Parks and Campgrounds · NAICS 721211
APPROVAL AMOUNT
$2,428,000
PROGRAM
SBA 7(a)
22 years term
APPROVED
2014-09-09
6% rate
JOBS SUPPORTED
90
Borrower-reported

Estimated monthly payment

MONTHLY
$16,708
AT RATE
6%
recorded at approval
TOTAL INTEREST
$1,916,164
over 21.7 yrs
TOTAL REPAID
$4,344,164

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
FRANKLINVILLE, NY 14737
INDUSTRY
RV (Recreational Vehicle) Parks and Campgrounds · NAICS 721211
BUSINESS STRUCTURE
Corporation
LOAN TERM
22 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
23
FRANKLINVILLE, NY 14737

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