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SBA 7(a)Active, details exempt

Earth First Recycling, LLC

EASTON, PANewtek Small Business Finance, Inc.Recyclable Material Merchant Wholesalers · NAICS 423930
APPROVAL AMOUNT
$300,000
PROGRAM
SBA 7(a)
9 years term
APPROVED
2017-11-07
7% rate
JOBS SUPPORTED
11
Borrower-reported

Estimated monthly payment

MONTHLY
$3,883
AT RATE
7%
recorded at approval
TOTAL INTEREST
$99,945
over 8.6 yrs
TOTAL REPAID
$399,945

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
EASTON, PA 18042
INDUSTRY
Recyclable Material Merchant Wholesalers · NAICS 423930
BUSINESS STRUCTURE
Corporation
LOAN TERM
9 years
INITIAL INTEREST RATE
7%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
01
EASTON, PA 18042

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