SBA 7(a)Paid in Full

Flamingo Children Inc

Airmont, NYTD Bank, National Association"Women's, Children's, and Infants' Clothing and Accessories Merchant Wholesalers" · NAICS 424330

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APPROVAL AMOUNT

$240,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2024-02-08

11.5% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$3,374

AT RATE

11.5%

recorded at approval

TOTAL INTEREST

$164,915

over 10 yrs

TOTAL REPAID

$404,915

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

Airmont, NY 10901

INDUSTRY

"Women's, Children's, and Infants' Clothing and Accessories Merchant Wholesalers" · NAICS 424330

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

11.5%

LOAN STATUS

Paid in Full

Airmont, NY 10901

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