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SBA 7(a)Current

Hudson Valley Carpets Inc

Airmont, NYTD Bank, National AssociationFloor Covering Stores · NAICS 442210
APPROVAL AMOUNT
$150,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-09-06
9.3% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$1,925
AT RATE
9.3%
recorded at approval
TOTAL INTEREST
$80,949
over 10 yrs
TOTAL REPAID
$230,949

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
Airmont, NY 10952
INDUSTRY
Floor Covering Stores · NAICS 442210
BUSINESS STRUCTURE
Individual
LOAN TERM
10 years
INITIAL INTEREST RATE
9.3%
LOAN STATUS
Current
Airmont, NY 10952

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