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SBA 7(a)Charged Off

Dream Medical Management Corporation

CONROE, TXEast West BankOffices of Physicians (except Mental Health Specialists) · NAICS 621111
APPROVAL AMOUNT
$2,600,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2017-06-14
5.75% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$16,357
AT RATE
5.75%
recorded at approval
TOTAL INTEREST
$2,307,030
over 25 yrs
TOTAL REPAID
$4,907,030

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
CONROE, TX 77384
INDUSTRY
Offices of Physicians (except Mental Health Specialists) · NAICS 621111
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
5.75%
LOAN STATUS
Charged Off
CONGRESSIONAL DIST.
08
CONROE, TX 77384

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