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SBA 7(a)Committed, not yet disbursed

Genesis RV & Boat Storage Inc.

KIOWA, COBank Five NineGeneral Warehousing and Storage · NAICS 493110
APPROVAL AMOUNT
$2,000,000
PROGRAM
SBA 7(a)
26 years term
APPROVED
2024-03-26
9.25% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$17,042
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$3,214,996
over 25.5 yrs
TOTAL REPAID
$5,214,996

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
KIOWA, CO 80117
INDUSTRY
General Warehousing and Storage · NAICS 493110
BUSINESS STRUCTURE
Corporation
LOAN TERM
26 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
04
KIOWA, CO 80117

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