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SBA 7(a)CANCLD

Garry S. McAnnally, LLC

Millbrook, ALRiver Bank and TrustOffices of Lawyers · NAICS 541110
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APPROVAL AMOUNT
$150,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2012-08-29
6% rate
JOBS SUPPORTED
14
Borrower-reported

Estimated monthly payment

MONTHLY
$2,191
AT RATE
6%
recorded at approval
TOTAL INTEREST
$34,068
over 7 yrs
TOTAL REPAID
$184,068

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
Millbrook, AL 36054
INDUSTRY
Offices of Lawyers · NAICS 541110
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
6%
LOAN STATUS
CANCLD
Millbrook, AL 36054

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