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SBA 7(a)Paid in Full

Calex Engineering, Inc.

Newhall, CAMission Valley BankOther Heavy and Civil Engineering Construction · NAICS 237990
APPROVAL AMOUNT
$2,000,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2009-06-26
6% rate
JOBS SUPPORTED
120
Borrower-reported

Estimated monthly payment

MONTHLY
$22,204
AT RATE
6%
recorded at approval
TOTAL INTEREST
$664,492
over 10 yrs
TOTAL REPAID
$2,664,492

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
Newhall, CA 91321
INDUSTRY
Other Heavy and Civil Engineering Construction · NAICS 237990
BUSINESS STRUCTURE
Partnership
LOAN TERM
10 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Newhall, CA 91321

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