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SBA 7(a)Current

COVERED H LLC

South Pittsburg, TNWells Fargo Bank National AssociationBeef Cattle Ranching and Farming · NAICS 112111
APPROVAL AMOUNT
$20,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-10-18
12.75% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$296
AT RATE
12.75%
recorded at approval
TOTAL INTEREST
$15,482
over 10 yrs
TOTAL REPAID
$35,482

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
South Pittsburg, TN 37380
INDUSTRY
Beef Cattle Ranching and Farming · NAICS 112111
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
12.75%
LOAN STATUS
Current
South Pittsburg, TN 37380

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