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SBA 7(a)Paid in Full

Central Backup LLC dba Generator Superstore

ALTAMONTE SPRINGS, FLCRF Small Business Loan Company, LLCAll Other Miscellaneous Store Retailers (except Tobacco Stores) · NAICS 453998
APPROVAL AMOUNT
$990,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2020-05-02
6% rate
JOBS SUPPORTED
16
Borrower-reported

Estimated monthly payment

MONTHLY
$6,379
AT RATE
6%
recorded at approval
TOTAL INTEREST
$923,575
over 25 yrs
TOTAL REPAID
$1,913,575

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
ALTAMONTE SPRINGS, FL 32701
INDUSTRY
All Other Miscellaneous Store Retailers (except Tobacco Stores) · NAICS 453998
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
07
ALTAMONTE SPRINGS, FL 32701

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