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SBA 7(a)Paid in Full

Craig Fouts & Sons Inc.

Wanatah, INCentier BankCommercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance · NAICS 811310
APPROVAL AMOUNT
$375,000
PROGRAM
SBA 7(a)
1 years term
APPROVED
2012-09-13
3.75% rate
JOBS SUPPORTED
18
Borrower-reported

Estimated monthly payment

MONTHLY
$31,888
AT RATE
3.75%
recorded at approval
TOTAL INTEREST
$7,661
over 1 yrs
TOTAL REPAID
$382,661

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
Wanatah, IN 46390
INDUSTRY
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance · NAICS 811310
BUSINESS STRUCTURE
Corporation
LOAN TERM
1 years
INITIAL INTEREST RATE
3.75%
LOAN STATUS
Paid in Full
Wanatah, IN 46390

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