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SBA 7(a)Paid in Full

Cecil Graves Autoplex, LLC

Saint Francisville, LAGulf Coast Bank and Trust CompanyNew Car Dealers · NAICS 441110
APPROVAL AMOUNT
$635,000
PROGRAM
SBA 7(a)
20 years term
APPROVED
2013-02-05
5.25% rate
JOBS SUPPORTED
32
Borrower-reported

Estimated monthly payment

MONTHLY
$4,230
AT RATE
5.25%
recorded at approval
TOTAL INTEREST
$401,247
over 20.4 yrs
TOTAL REPAID
$1,036,247

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
Saint Francisville, LA 70775
INDUSTRY
New Car Dealers · NAICS 441110
BUSINESS STRUCTURE
Corporation
LOAN TERM
20 years
INITIAL INTEREST RATE
5.25%
LOAN STATUS
Paid in Full
Saint Francisville, LA 70775

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