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SBA 7(a)Paid in Full

COCHRAN AND SMITH INVESTMENTS LLC

Lebanon, ORWells Fargo Bank National AssociationSporting and Recreational Goods and Supplies Merchant Wholesalers · NAICS 423910
APPROVAL AMOUNT
$374,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2015-03-27
5.8% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$2,364
AT RATE
5.8%
recorded at approval
TOTAL INTEREST
$335,251
over 25 yrs
TOTAL REPAID
$709,251

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
Lebanon, OR 97355
INDUSTRY
Sporting and Recreational Goods and Supplies Merchant Wholesalers · NAICS 423910
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
5.8%
LOAN STATUS
Paid in Full
Lebanon, OR 97355

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