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SBA 7(a)Paid in Full

Bear Creek Entertainment LLC

Franklinville, NYNewtek Small Business Finance, Inc.RV (Recreational Vehicle) Parks and Campgrounds · NAICS 721211
APPROVAL AMOUNT
$1,639,000
PROGRAM
SBA 7(a)
24 years term
APPROVED
2016-07-11
6.25% rate
JOBS SUPPORTED
45
Borrower-reported

Estimated monthly payment

MONTHLY
$10,984
AT RATE
6.25%
recorded at approval
TOTAL INTEREST
$1,535,425
over 24.1 yrs
TOTAL REPAID
$3,174,425

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
24 years
INITIAL INTEREST RATE
6.25%
LOAN STATUS
Paid in Full
Franklinville, NY 14737

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