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SBA 7(a)Paid in Full

BRINKMAN TRENCHING & EXCAVATING, LLC

BOLIVAR, OHThe Huntington National BankSite Preparation Contractors · NAICS 238910
APPROVAL AMOUNT
$52,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2021-04-08
5.25% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$558
AT RATE
5.25%
recorded at approval
TOTAL INTEREST
$14,950
over 10 yrs
TOTAL REPAID
$66,950

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
BOLIVAR, OH 44612
INDUSTRY
Site Preparation Contractors · NAICS 238910
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
5.25%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
07
BOLIVAR, OH 44612

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