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SBA 7(a)Active, details exempt

Eagle Contracting LLC

MANASSAS PARK, VAManufacturers and Traders Trust CompanyResidential Remodelers · NAICS 236118
APPROVAL AMOUNT
$100,000
PROGRAM
SBA 7(a)
5 years term
APPROVED
2022-05-11
8% rate
JOBS SUPPORTED
6
Borrower-reported

Estimated monthly payment

MONTHLY
$1,974
AT RATE
8%
recorded at approval
TOTAL INTEREST
$22,415
over 5.2 yrs
TOTAL REPAID
$122,415

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
MANASSAS PARK, VA 20111
INDUSTRY
Residential Remodelers · NAICS 236118
BUSINESS STRUCTURE
Corporation
LOAN TERM
5 years
INITIAL INTEREST RATE
8%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
01
MANASSAS PARK, VA 20111

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