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SBA 7(a)Paid in Full

HPC Cycles, LLC

COLLINGDALE, PATD Bank, National AssociationOther Personal and Household Goods Repair and Maintenance · NAICS 811490
APPROVAL AMOUNT
$15,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2023-12-07
11.5% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$211
AT RATE
11.5%
recorded at approval
TOTAL INTEREST
$10,307
over 10 yrs
TOTAL REPAID
$25,307

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
COLLINGDALE, PA 19023
INDUSTRY
Other Personal and Household Goods Repair and Maintenance · NAICS 811490
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11.5%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
05
COLLINGDALE, PA 19023

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