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SBA 7(a)Paid in Full

Han Don Chu

Los Angeles, CAUnited Business BankFamily Clothing Stores · NAICS 448140
APPROVAL AMOUNT
$1,521,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2016-05-23
4.5% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$8,454
AT RATE
4.5%
recorded at approval
TOTAL INTEREST
$1,015,264
over 25 yrs
TOTAL REPAID
$2,536,264

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
Los Angeles, CA 90047
INDUSTRY
Family Clothing Stores · NAICS 448140
BUSINESS STRUCTURE
Individual
LOAN TERM
25 years
INITIAL INTEREST RATE
4.5%
LOAN STATUS
Paid in Full
Los Angeles, CA 90047

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