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SBA 7(a)Paid in Full

CLEANING SERVICES OF SOUTHERN OREGON, LLC

Phoenix, ORStearns Bank National AssociationJanitorial Services · NAICS 561720
APPROVAL AMOUNT
$101,500
PROGRAM
SBA 7(a)
10 years term
APPROVED
2019-06-10
8.25% rate
JOBS SUPPORTED
20
Borrower-reported

Estimated monthly payment

MONTHLY
$1,245
AT RATE
8.25%
recorded at approval
TOTAL INTEREST
$47,891
over 10 yrs
TOTAL REPAID
$149,391

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
Phoenix, OR 97535
INDUSTRY
Janitorial Services · NAICS 561720
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.25%
LOAN STATUS
Paid in Full
Phoenix, OR 97535

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