Find Lenders
SBA 7(a)Charged Off

Elevated Mountain Distilling Company, LLC

Maggie Valley, NCFirst-Citizens Bank & Trust CompanyDistilleries · NAICS 312140
APPROVAL AMOUNT
$1,095,000
PROGRAM
SBA 7(a)
21 years term
APPROVED
2016-06-08
5.5% rate
JOBS SUPPORTED
16
Borrower-reported

Estimated monthly payment

MONTHLY
$7,321
AT RATE
5.5%
recorded at approval
TOTAL INTEREST
$757,150
over 21.1 yrs
TOTAL REPAID
$1,852,150

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
Maggie Valley, NC 28751
INDUSTRY
Distilleries · NAICS 312140
BUSINESS STRUCTURE
Corporation
LOAN TERM
21 years
INITIAL INTEREST RATE
5.5%
LOAN STATUS
Charged Off
Maggie Valley, NC 28751

Other loans from this lender · First-Citizens Bank & Trust Company

View all 6,560 loans from First-Citizens Bank & Trust Company

Nearby loans · within 10 miles