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SBA 7(a)Cancelled

Global Aviation Distribution Corporation

NORCROSS, GATruist BankTransportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers · NAICS 423860
APPROVAL AMOUNT
$1,600,000
PROGRAM
SBA 7(a)
1 years term
APPROVED
2010-12-16
6.22% rate
JOBS SUPPORTED
11
Borrower-reported

Estimated monthly payment

MONTHLY
$127,589
AT RATE
6.22%
recorded at approval
TOTAL INTEREST
$58,654
over 1.1 yrs
TOTAL REPAID
$1,658,654

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
NORCROSS, GA 30071
INDUSTRY
Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers · NAICS 423860
BUSINESS STRUCTURE
Corporation
LOAN TERM
1 years
INITIAL INTEREST RATE
6.22%
LOAN STATUS
Cancelled
CONGRESSIONAL DIST.
07
NORCROSS, GA 30071

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