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SBA 7(a)Paid in Full

CHRISTIAN ROOFING AND REMODELING, INC.

Watkinsville, GAWells Fargo Bank National AssociationRoofing Contractors · NAICS 238160
APPROVAL AMOUNT
$868,000
PROGRAM
SBA 7(a)
12 years term
APPROVED
2017-08-21
6.75% rate
JOBS SUPPORTED
14
Borrower-reported

Estimated monthly payment

MONTHLY
$8,694
AT RATE
6.75%
recorded at approval
TOTAL INTEREST
$410,070
over 12.3 yrs
TOTAL REPAID
$1,278,070

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
Watkinsville, GA 30677
INDUSTRY
Roofing Contractors · NAICS 238160
BUSINESS STRUCTURE
Corporation
LOAN TERM
12 years
INITIAL INTEREST RATE
6.75%
LOAN STATUS
Paid in Full
Watkinsville, GA 30677

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