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SBA 7(a)Paid in Full

Henningwrks LLC

Franklinville, NYManufacturers and Traders Trust CompanyResidential Remodelers · NAICS 236118
APPROVAL AMOUNT
$48,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2018-03-22
9% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$608
AT RATE
9%
recorded at approval
TOTAL INTEREST
$24,965
over 10 yrs
TOTAL REPAID
$72,965

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
Franklinville, NY 14737
INDUSTRY
Residential Remodelers · NAICS 236118
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Paid in Full
Franklinville, NY 14737

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