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SBA 7(a)Paid in Full

I & R Contractors, LLC

Yuma, AZOneAZ CUOther Heavy and Civil Engineering Construction · NAICS 237990
APPROVAL AMOUNT
$157,000
PROGRAM
SBA 7(a)
2 years term
APPROVED
2012-11-02
7.75% rate
JOBS SUPPORTED
15
Borrower-reported

Estimated monthly payment

MONTHLY
$9,267
AT RATE
7.75%
recorded at approval
TOTAL INTEREST
$9,808
over 1.5 yrs
TOTAL REPAID
$166,808

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
Yuma, AZ 85367
INDUSTRY
Other Heavy and Civil Engineering Construction · NAICS 237990
BUSINESS STRUCTURE
Corporation
LOAN TERM
2 years
INITIAL INTEREST RATE
7.75%
LOAN STATUS
Paid in Full
Yuma, AZ 85367

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