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SBA 7(a)Paid in Full

Cake Monkey Bakery Associates I, LLC

NORTH HOLLYWOOD, CAU.S. Bank, National AssociationRetail Bakeries · NAICS 311811
APPROVAL AMOUNT
$1,469,500
PROGRAM
SBA 7(a)
25 years term
APPROVED
2018-03-15
5.25% rate
JOBS SUPPORTED
46
Borrower-reported

Estimated monthly payment

MONTHLY
$8,806
AT RATE
5.25%
recorded at approval
TOTAL INTEREST
$1,172,284
over 25 yrs
TOTAL REPAID
$2,641,784

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
NORTH HOLLYWOOD, CA 91601
INDUSTRY
Retail Bakeries · NAICS 311811
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
5.25%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
29
NORTH HOLLYWOOD, CA 91601

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