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SBA 7(a)Active, details exempt

DiPietro Family Law Group, PLLC

FAIRFAX, VAFirst Merchants BankOffices of Lawyers · NAICS 541110
APPROVAL AMOUNT
$1,940,000
PROGRAM
SBA 7(a)
19 years term
APPROVED
2017-03-09
6.5% rate
JOBS SUPPORTED
24
Borrower-reported

Estimated monthly payment

MONTHLY
$14,939
AT RATE
6.5%
recorded at approval
TOTAL INTEREST
$1,421,224
over 18.8 yrs
TOTAL REPAID
$3,361,224

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
FAIRFAX, VA 22030
INDUSTRY
Offices of Lawyers · NAICS 541110
BUSINESS STRUCTURE
Corporation
LOAN TERM
19 years
INITIAL INTEREST RATE
6.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
10
FAIRFAX, VA 22030

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