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SBA 7(a)Paid in Full

HORIZON TANS

Crawford, TXThe First National Bank of McGregor d/b/a TFNB Your Bank for LifeOther Personal Care Services · NAICS 812199
APPROVAL AMOUNT
$127,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2009-08-03
6% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$1,855
AT RATE
6%
recorded at approval
TOTAL INTEREST
$28,844
over 7 yrs
TOTAL REPAID
$155,844

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
Crawford, TX 76710
INDUSTRY
Other Personal Care Services · NAICS 812199
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Crawford, TX 76710

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