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SBA 7(a)Paid in Full

CR Park Incorporated

ALLENDALE, NJNewtek Small Business Finance, Inc.Fitness and Recreational Sports Centers · NAICS 713940
APPROVAL AMOUNT
$400,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2017-09-18
7% rate
JOBS SUPPORTED
12
Borrower-reported

Estimated monthly payment

MONTHLY
$4,727
AT RATE
7%
recorded at approval
TOTAL INTEREST
$153,029
over 9.8 yrs
TOTAL REPAID
$553,029

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
ALLENDALE, NJ 07401
INDUSTRY
Fitness and Recreational Sports Centers · NAICS 713940
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
05
ALLENDALE, NJ 07401

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