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SBA 7(a)Charged Off

D&B LAND HOLDINGS, L.L.C.

BELLINGHAM, WAHana Small Business Lending, Inc.Commercial and Institutional Building Construction · NAICS 236220
APPROVAL AMOUNT
$1,450,000
PROGRAM
SBA 7(a)
23 years term
APPROVED
2011-10-01
6% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$9,650
AT RATE
6%
recorded at approval
TOTAL INTEREST
$1,242,319
over 23.3 yrs
TOTAL REPAID
$2,692,319

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
BELLINGHAM, WA 98226
INDUSTRY
Commercial and Institutional Building Construction · NAICS 236220
BUSINESS STRUCTURE
Corporation
LOAN TERM
23 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Charged Off
CONGRESSIONAL DIST.
01
BELLINGHAM, WA 98226

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