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SBA 7(a)Active, details exempt

F5 Services, Inc.

MONTGOMERY, TXPlains State BankLessors of Nonresidential Buildings (except Miniwarehouses) · NAICS 531120
APPROVAL AMOUNT
$2,037,900
PROGRAM
SBA 7(a)
25 years term
APPROVED
2019-03-13
8% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$15,729
AT RATE
8%
recorded at approval
TOTAL INTEREST
$2,680,753
over 25 yrs
TOTAL REPAID
$4,718,653

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
MONTGOMERY, TX 77304
INDUSTRY
Lessors of Nonresidential Buildings (except Miniwarehouses) · NAICS 531120
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
8%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
08
MONTGOMERY, TX 77304

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