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SBA 7(a)Paid in Full

Borrego Fine Jewelry, LLC

BOERNE, TXSecurity State Bank and TrustJewelry Stores · NAICS 448310
APPROVAL AMOUNT
$675,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2021-08-19
5.25% rate
JOBS SUPPORTED
11
Borrower-reported

Estimated monthly payment

MONTHLY
$7,242
AT RATE
5.25%
recorded at approval
TOTAL INTEREST
$194,063
over 10 yrs
TOTAL REPAID
$869,063

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
BOERNE, TX 78006
INDUSTRY
Jewelry Stores · NAICS 448310
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
5.25%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
21
BOERNE, TX 78006

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