SBA 7(a)Paid in Full

Coach Liquor, Inc.

WATERFORD, MIBank of Ann ArborBeer, Wine, and Liquor Stores · NAICS 445310

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APPROVAL AMOUNT

$868,700

PROGRAM

SBA 7(a)

13 years term

APPROVED

2021-06-06

5.75% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$7,919

AT RATE

5.75%

recorded at approval

TOTAL INTEREST

$366,740

over 13 yrs

TOTAL REPAID

$1,235,440

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

WATERFORD, MI 48329

INDUSTRY

Beer, Wine, and Liquor Stores · NAICS 445310

BUSINESS STRUCTURE

Corporation

LOAN TERM

13 years

INITIAL INTEREST RATE

5.75%

LOAN STATUS

Paid in Full

CONGRESSIONAL DIST.

WATERFORD, MI 48329

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