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SBA 7(a)Charged Off

Custom Blending, LLC

LOVELAND, COFirst Interstate BankSpice and Extract Manufacturing · NAICS 311942
APPROVAL AMOUNT
$1,333,500
PROGRAM
SBA 7(a)
7 years term
APPROVED
2016-02-22
6.25% rate
JOBS SUPPORTED
6
Borrower-reported

Estimated monthly payment

MONTHLY
$19,101
AT RATE
6.25%
recorded at approval
TOTAL INTEREST
$328,271
over 7.3 yrs
TOTAL REPAID
$1,661,771

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
LOVELAND, CO 80538
INDUSTRY
Spice and Extract Manufacturing · NAICS 311942
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
6.25%
LOAN STATUS
Charged Off
CONGRESSIONAL DIST.
02
LOVELAND, CO 80538

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