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SBA 7(a)Paid in Full

CORVUS REAL ESTATE HOLDINGS LLC

NEW ORLEANS, LAFirst Horizon BankIndependent Artists, Writers, and Performers · NAICS 711510
APPROVAL AMOUNT
$2,394,100
PROGRAM
SBA 7(a)
25 years term
APPROVED
2018-09-20
7% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$16,921
AT RATE
7%
recorded at approval
TOTAL INTEREST
$2,682,200
over 25 yrs
TOTAL REPAID
$5,076,300

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
NEW ORLEANS, LA 70117
INDUSTRY
Independent Artists, Writers, and Performers · NAICS 711510
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
7%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
01
NEW ORLEANS, LA 70117

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