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SBA 7(a)Paid in Full

Hot Wheels Skating Center Inc

SPARTANBURG, SCCountybankFitness and Recreational Sports Centers · NAICS 713940
APPROVAL AMOUNT
$704,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2019-12-19
6.5% rate
JOBS SUPPORTED
8
Borrower-reported

Estimated monthly payment

MONTHLY
$4,753
AT RATE
6.5%
recorded at approval
TOTAL INTEREST
$722,038
over 25 yrs
TOTAL REPAID
$1,426,038

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
SPARTANBURG, SC 29302
INDUSTRY
Fitness and Recreational Sports Centers · NAICS 713940
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6.5%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
04
SPARTANBURG, SC 29302

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