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SBA 7(a)Paid in Full

Competitive Interiors, Inc.

Ravenna, OHThe Huntington National BankFraming Contractors · NAICS 238130
APPROVAL AMOUNT
$619,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2017-05-18
6.75% rate
JOBS SUPPORTED
35
Borrower-reported

Estimated monthly payment

MONTHLY
$7,108
AT RATE
6.75%
recorded at approval
TOTAL INTEREST
$233,914
over 10 yrs
TOTAL REPAID
$852,914

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
Ravenna, OH 44266
INDUSTRY
Framing Contractors · NAICS 238130
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6.75%
LOAN STATUS
Paid in Full
Ravenna, OH 44266

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