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SBA 7(a)Active, details exempt

BJ's Paint

TUMWATER, WAReadycap Lending, LLCPaint and Wallpaper Retailers · NAICS 444120
APPROVAL AMOUNT
$50,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-11-19
14.5% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$791
AT RATE
14.5%
recorded at approval
TOTAL INTEREST
$44,972
over 10 yrs
TOTAL REPAID
$94,972

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
TUMWATER, WA 98501
INDUSTRY
Paint and Wallpaper Retailers · NAICS 444120
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
14.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
10
TUMWATER, WA 98501

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