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SBA 7(a)CANCLD

DANNY SULLIVAN EXCAVATING, LLC

Ironton, OHMVB Bank, Inc.Commercial and Institutional Building Construction · NAICS 236220
APPROVAL AMOUNT
$215,000
PROGRAM
SBA 7(a)
5 years term
APPROVED
2012-05-10
5.25% rate
JOBS SUPPORTED
20
Borrower-reported

Estimated monthly payment

MONTHLY
$4,082
AT RATE
5.25%
recorded at approval
TOTAL INTEREST
$29,919
over 5 yrs
TOTAL REPAID
$244,919

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
Ironton, OH 45638
INDUSTRY
Commercial and Institutional Building Construction · NAICS 236220
BUSINESS STRUCTURE
Corporation
LOAN TERM
5 years
INITIAL INTEREST RATE
5.25%
LOAN STATUS
CANCLD
Ironton, OH 45638

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