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SBA 7(a)Paid in Full

DS WASH ENTERPRISES, INC.

Delphos, OHStearns Bank National AssociationCar Washes · NAICS 811192
APPROVAL AMOUNT
$3,310,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2017-11-03
6.25% rate
JOBS SUPPORTED
16
Borrower-reported

Estimated monthly payment

MONTHLY
$21,835
AT RATE
6.25%
recorded at approval
TOTAL INTEREST
$3,240,517
over 25 yrs
TOTAL REPAID
$6,550,517

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
Delphos, OH 45833
INDUSTRY
Car Washes · NAICS 811192
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6.25%
LOAN STATUS
Paid in Full
Delphos, OH 45833

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