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SBA 7(a)Paid in Full

East Terra Hardware Supply LLC

YORKTOWN, INStearns Bank National AssociationRecyclable Material Merchant Wholesalers · NAICS 423930
APPROVAL AMOUNT
$742,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2018-08-09
7.75% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$8,905
AT RATE
7.75%
recorded at approval
TOTAL INTEREST
$326,575
over 10 yrs
TOTAL REPAID
$1,068,575

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
YORKTOWN, IN 47396
INDUSTRY
Recyclable Material Merchant Wholesalers · NAICS 423930
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7.75%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
06
YORKTOWN, IN 47396

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