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SBA 7(a)Paid in Full

CAS Service Today, LLC

Warrensville Heights, OHFirst Merchants BankAppliance Repair and Maintenance · NAICS 811412
APPROVAL AMOUNT
$900,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2019-12-19
7.5% rate
JOBS SUPPORTED
21
Borrower-reported

Estimated monthly payment

MONTHLY
$10,683
AT RATE
7.5%
recorded at approval
TOTAL INTEREST
$381,979
over 10 yrs
TOTAL REPAID
$1,281,979

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
Warrensville Heights, OH 44128
INDUSTRY
Appliance Repair and Maintenance · NAICS 811412
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7.5%
LOAN STATUS
Paid in Full
Warrensville Heights, OH 44128

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