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SBA 7(a)Current

CHARLOTTE SAW & KNIFE COMPANY, INC.

Locust, NCPNC Bank, National AssociationHome and Garden Equipment Repair and Maintenance · NAICS 811411
APPROVAL AMOUNT
$392,200
PROGRAM
SBA 7(a)
25 years term
APPROVED
2022-06-13
3.74% rate
JOBS SUPPORTED
8
Borrower-reported

Estimated monthly payment

MONTHLY
$2,014
AT RATE
3.74%
recorded at approval
TOTAL INTEREST
$212,087
over 25 yrs
TOTAL REPAID
$604,287

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
Locust, NC 28097
INDUSTRY
Home and Garden Equipment Repair and Maintenance · NAICS 811411
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
3.74%
LOAN STATUS
Current
Locust, NC 28097

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