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SBA 7(a)Paid in Full

FRC CONSTRUCTION

COOS BAY, ORU.S. Bank, National AssociationMasonry Contractors · NAICS 238140
APPROVAL AMOUNT
$20,000
PROGRAM
SBA 7(a)
5 years term
APPROVED
2021-11-12
5.99% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$387
AT RATE
5.99%
recorded at approval
TOTAL INTEREST
$3,194
over 5 yrs
TOTAL REPAID
$23,194

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
COOS BAY, OR 97420
INDUSTRY
Masonry Contractors · NAICS 238140
BUSINESS STRUCTURE
Individual
LOAN TERM
5 years
INITIAL INTEREST RATE
5.99%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
04
COOS BAY, OR 97420

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