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SBA 7(a)Paid in Full

GRACEFUL TABLES, INC

Mt Juliet, TNFirst Financial Bank, National AssociationLinen Supply · NAICS 812331
APPROVAL AMOUNT
$1,136,800
PROGRAM
SBA 7(a)
10 years term
APPROVED
2009-12-24
6% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$12,621
AT RATE
6%
recorded at approval
TOTAL INTEREST
$377,697
over 10 yrs
TOTAL REPAID
$1,514,497

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
Mt Juliet, TN 37122
INDUSTRY
Linen Supply · NAICS 812331
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Mt Juliet, TN 37122

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