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SBA 7(a)Current

Heavy Stone Rings LLC

Vineyard, UTCentral BankJewelry and Silverware Manufacturing · NAICS 339910
APPROVAL AMOUNT
$1,092,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-06-30
5.25% rate
JOBS SUPPORTED
55
Borrower-reported

Estimated monthly payment

MONTHLY
$11,716
AT RATE
5.25%
recorded at approval
TOTAL INTEREST
$313,950
over 10 yrs
TOTAL REPAID
$1,405,950

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
Vineyard, UT 84059
INDUSTRY
Jewelry and Silverware Manufacturing · NAICS 339910
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
5.25%
LOAN STATUS
Current
Vineyard, UT 84059

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