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SBA 7(a)Active, details exempt

HUMBLE GROCERS INC

HUMBLE, TXThe Huntington National BankGasoline Stations with Convenience Stores · NAICS 447110
APPROVAL AMOUNT
$1,840,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2019-10-24
6.5% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$12,424
AT RATE
6.5%
recorded at approval
TOTAL INTEREST
$1,887,144
over 25 yrs
TOTAL REPAID
$3,727,144

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
HUMBLE, TX 77396
INDUSTRY
Gasoline Stations with Convenience Stores · NAICS 447110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
02
HUMBLE, TX 77396

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