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SBA 7(a)Paid in Full

Henrik A. Trucking, Inc.

Newhall, CAUnited Business Bank"General Freight Trucking, Local" · NAICS 484110
APPROVAL AMOUNT
$1,350,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2021-05-21
5.75% rate
JOBS SUPPORTED
9
Borrower-reported

Estimated monthly payment

MONTHLY
$8,493
AT RATE
5.75%
recorded at approval
TOTAL INTEREST
$1,197,881
over 25 yrs
TOTAL REPAID
$2,547,881

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
Newhall, CA 91321
INDUSTRY
"General Freight Trucking, Local" · NAICS 484110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
5.75%
LOAN STATUS
Paid in Full
Newhall, CA 91321

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