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SBA 7(a)Paid in Full

Bonanza Liquor Market Inc.

Newhall, CACommonwealth Business Bank"Beer, Wine, and Liquor Stores" · NAICS 445310
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APPROVAL AMOUNT
$990,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2012-03-16
5.25% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$5,933
AT RATE
5.25%
recorded at approval
TOTAL INTEREST
$789,766
over 25 yrs
TOTAL REPAID
$1,779,766

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
Newhall, CA 91321
INDUSTRY
"Beer, Wine, and Liquor Stores" · NAICS 445310
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
5.25%
LOAN STATUS
Paid in Full
Newhall, CA 91321

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