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SBA 7(a)Active, details exempt

FS Soccer Inc.

CLARKSBURG, MDManufacturers and Traders Trust CompanySports Teams and Clubs · NAICS 711211
APPROVAL AMOUNT
$25,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2020-04-28
9.75% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$327
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$14,231
over 10 yrs
TOTAL REPAID
$39,231

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
CLARKSBURG, MD 20871
INDUSTRY
Sports Teams and Clubs · NAICS 711211
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
06
CLARKSBURG, MD 20871

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