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SBA 7(a)Current

DRAPER ENTERPRISES, LLC

Mt Juliet, TNNortheast BankClothing and Clothing Accessories Retailers · NAICS 458110
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APPROVAL AMOUNT
$141,300
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-12-11
10.75% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$1,926
AT RATE
10.75%
recorded at approval
TOTAL INTEREST
$89,876
over 10 yrs
TOTAL REPAID
$231,176

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
Mt Juliet, TN 37122
INDUSTRY
Clothing and Clothing Accessories Retailers · NAICS 458110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.75%
LOAN STATUS
Current
Mt Juliet, TN 37122

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