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SBA 7(a)Current

Ding & Dong Properties LLC

Thornwood, NYJPMorgan Chase Bank, National AssociationOther Commercial Equipment Merchant Wholesalers · NAICS 423440
APPROVAL AMOUNT
$323,800
PROGRAM
SBA 7(a)
20 years term
APPROVED
2016-08-26
6% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$2,320
AT RATE
6%
recorded at approval
TOTAL INTEREST
$232,953
over 20 yrs
TOTAL REPAID
$556,753

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
Thornwood, NY 10594
INDUSTRY
Other Commercial Equipment Merchant Wholesalers · NAICS 423440
BUSINESS STRUCTURE
Corporation
LOAN TERM
20 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Current
Thornwood, NY 10594

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