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SBA 7(a)Active, details exempt

Dirty Dough Augusta Mobile

NORTH AUGUSTA, SCFirst Bank of the LakeMobile Food Services · NAICS 722330
APPROVAL AMOUNT
$204,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-04-11
11.25% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$2,839
AT RATE
11.25%
recorded at approval
TOTAL INTEREST
$136,686
over 10 yrs
TOTAL REPAID
$340,686

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
NORTH AUGUSTA, SC 29860
INDUSTRY
Mobile Food Services · NAICS 722330
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
02
NORTH AUGUSTA, SC 29860

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