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SBA 7(a)Paid in Full

G&D Hospitality LLC

STAFFORD, TXThe MINT National BankHotels (except Casino Hotels) and Motels · NAICS 721110
APPROVAL AMOUNT
$4,314,000
PROGRAM
SBA 7(a)
27 years term
APPROVED
2024-03-11
10% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$38,715
AT RATE
10%
recorded at approval
TOTAL INTEREST
$7,997,528
over 26.5 yrs
TOTAL REPAID
$12,311,528

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
STAFFORD, TX 77477
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Corporation
LOAN TERM
27 years
INITIAL INTEREST RATE
10%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
09
STAFFORD, TX 77477

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