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SBA 7(a)Cancelled

Civic Center Hospitality Group, LLC

RICHMOND, CACitizens Business Bank National AssociationHotels (except Casino Hotels) and Motels · NAICS 721110
APPROVAL AMOUNT
$1,810,500
PROGRAM
SBA 7(a)
25 years term
APPROVED
2012-08-02
5% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$10,584
AT RATE
5%
recorded at approval
TOTAL INTEREST
$1,364,701
over 25 yrs
TOTAL REPAID
$3,175,201

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
RICHMOND, CA 94804
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
5%
LOAN STATUS
Cancelled
CONGRESSIONAL DIST.
11
RICHMOND, CA 94804

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