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SBA 7(a)Paid in Full

Edward D. Horst

Mohave Valley, AZEnterprise Bank & TrustLessors of Miniwarehouses and Self-Storage Units · NAICS 531130
APPROVAL AMOUNT
$908,700
PROGRAM
SBA 7(a)
25 years term
APPROVED
2012-12-31
5.5% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$5,580
AT RATE
5.5%
recorded at approval
TOTAL INTEREST
$765,364
over 25 yrs
TOTAL REPAID
$1,674,064

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
Mohave Valley, AZ 86440
INDUSTRY
Lessors of Miniwarehouses and Self-Storage Units · NAICS 531130
BUSINESS STRUCTURE
Individual
LOAN TERM
25 years
INITIAL INTEREST RATE
5.5%
LOAN STATUS
Paid in Full
Mohave Valley, AZ 86440

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