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SBA 7(a)Current

Brar & Hundal, LLC

Hoquiam, WACommonwealth Business BankGasoline Stations with Convenience Stores · NAICS 457110
APPROVAL AMOUNT
$2,630,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2022-09-28
7% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$18,588
AT RATE
7%
recorded at approval
TOTAL INTEREST
$2,946,488
over 25 yrs
TOTAL REPAID
$5,576,488

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
Hoquiam, WA 98550
INDUSTRY
Gasoline Stations with Convenience Stores · NAICS 457110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
7%
LOAN STATUS
Current
Hoquiam, WA 98550

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