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SBA 7(a)Active, details exempt

Duro Legacy HVAC Inc.

BELTON, TXHomeTrust BankPlumbing, Heating, and Air-Conditioning Contractors · NAICS 238220
APPROVAL AMOUNT
$1,155,000
PROGRAM
SBA 7(a)
6 years term
APPROVED
2019-03-20
7.5% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$20,902
AT RATE
7.5%
recorded at approval
TOTAL INTEREST
$266,323
over 5.7 yrs
TOTAL REPAID
$1,421,323

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
BELTON, TX 76513
INDUSTRY
Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220
BUSINESS STRUCTURE
Corporation
LOAN TERM
6 years
INITIAL INTEREST RATE
7.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
31
BELTON, TX 76513

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