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SBA 7(a)Paid in Full

Bridal Studio 61 LLC

VICKSBURG, MSThe Huntington National BankOther Clothing Stores · NAICS 448190
APPROVAL AMOUNT
$65,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2019-08-07
6.25% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$957
AT RATE
6.25%
recorded at approval
TOTAL INTEREST
$15,419
over 7 yrs
TOTAL REPAID
$80,419

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
VICKSBURG, MS 39183
INDUSTRY
Other Clothing Stores · NAICS 448190
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
6.25%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
02
VICKSBURG, MS 39183

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