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SBA 7(a)Current

Heart of the Home Cabinets, LLC

Phoenix, ORNewtek Bank, National AssociationFinish Carpentry Contractors · NAICS 238350
APPROVAL AMOUNT
$225,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-12-19
10.75% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$3,068
AT RATE
10.75%
recorded at approval
TOTAL INTEREST
$143,114
over 10 yrs
TOTAL REPAID
$368,114

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
Phoenix, OR 97535
INDUSTRY
Finish Carpentry Contractors · NAICS 238350
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.75%
LOAN STATUS
Current
Phoenix, OR 97535

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