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SBA 7(a)Paid in Full

Desert Lawn Funeral Home

Mohave Valley, AZLive Oak Banking CompanyCemeteries and Crematories · NAICS 812220
APPROVAL AMOUNT
$750,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2019-11-12
6.5% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$8,516
AT RATE
6.5%
recorded at approval
TOTAL INTEREST
$271,932
over 10 yrs
TOTAL REPAID
$1,021,932

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
Mohave Valley, AZ 86440
INDUSTRY
Cemeteries and Crematories · NAICS 812220
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6.5%
LOAN STATUS
Paid in Full
Mohave Valley, AZ 86440

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