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SBA 7(a)Paid in Full

CHICKEN KEBAB INC

Roslyn Heights, NYSantander Bank, National AssociationFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$300,000
PROGRAM
SBA 7(a)
5 years term
APPROVED
2014-01-23
5% rate
JOBS SUPPORTED
15
Borrower-reported

Estimated monthly payment

MONTHLY
$5,661
AT RATE
5%
recorded at approval
TOTAL INTEREST
$39,682
over 5 yrs
TOTAL REPAID
$339,682

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
Roslyn Heights, NY 11577
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
5 years
INITIAL INTEREST RATE
5%
LOAN STATUS
Paid in Full
Roslyn Heights, NY 11577

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