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SBA 7(a)Paid in Full

ILH Sales Inc.

Airmont, NYWebster Bank National AssociationAll Other Miscellaneous Store Retailers (except Tobacco Stores) · NAICS 453998
APPROVAL AMOUNT
$600,000
PROGRAM
SBA 7(a)
8 years term
APPROVED
2015-11-06
5.25% rate
JOBS SUPPORTED
57
Borrower-reported

Estimated monthly payment

MONTHLY
$8,079
AT RATE
5.25%
recorded at approval
TOTAL INTEREST
$127,152
over 7.5 yrs
TOTAL REPAID
$727,152

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
All Other Miscellaneous Store Retailers (except Tobacco Stores) · NAICS 453998
BUSINESS STRUCTURE
Corporation
LOAN TERM
8 years
INITIAL INTEREST RATE
5.25%
LOAN STATUS
Paid in Full
Airmont, NY 10952

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