SBA 7(a)Paid in Full

Imperial Linen Services, INC

STAFFORD, TXFifth Third BankDrycleaning and Laundry Services (except Coin-Operated) · NAICS 812320

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APPROVAL AMOUNT

$1,579,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2016-08-10

3.2% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$15,393

AT RATE

3.2%

recorded at approval

TOTAL INTEREST

$268,178

over 10 yrs

TOTAL REPAID

$1,847,178

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

STAFFORD, TX 77477

INDUSTRY

Drycleaning and Laundry Services (except Coin-Operated) · NAICS 812320

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

3.2%

LOAN STATUS

Paid in Full

CONGRESSIONAL DIST.

STAFFORD, TX 77477

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