SBA 7(a)Active, details exempt

I & I Mobile Tire Services LLC

NORCROSS, GATowneBankAll Other Automotive Repair and Maintenance · NAICS 811198

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APPROVAL AMOUNT

$1,673,000

PROGRAM

SBA 7(a)

23 years term

APPROVED

2022-08-11

7.5% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$12,809

AT RATE

7.5%

recorded at approval

TOTAL INTEREST

$1,810,933

over 22.7 yrs

TOTAL REPAID

$3,483,933

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

NORCROSS, GA 30071

INDUSTRY

All Other Automotive Repair and Maintenance · NAICS 811198

BUSINESS STRUCTURE

Corporation

LOAN TERM

23 years

INITIAL INTEREST RATE

7.5%

LOAN STATUS

Active, details exempt

CONGRESSIONAL DIST.

NORCROSS, GA 30071

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