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SBA 7(a)Active, details exempt

Empire State Consultants LLC

NEW ROCHELLE, NYTD Bank, National AssociationProcess, Physical Distribution, and Logistics Consulting Services · NAICS 541614
APPROVAL AMOUNT
$250,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2023-09-09
10.3% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$3,345
AT RATE
10.3%
recorded at approval
TOTAL INTEREST
$151,453
over 10 yrs
TOTAL REPAID
$401,453

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
NEW ROCHELLE, NY 10805
INDUSTRY
Process, Physical Distribution, and Logistics Consulting Services · NAICS 541614
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.3%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
16
NEW ROCHELLE, NY 10805

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