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SBA 7(a)Paid in Full

INTERNATIONAL IRON WORKS LLC

ARVADA, COBusey BankOrnamental and Architectural Metal Work Manufacturing · NAICS 332323
APPROVAL AMOUNT
$2,815,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2023-04-24
9.5% rate
JOBS SUPPORTED
22
Borrower-reported

Estimated monthly payment

MONTHLY
$24,595
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$4,563,368
over 25 yrs
TOTAL REPAID
$7,378,368

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
ARVADA, CO 80002
INDUSTRY
Ornamental and Architectural Metal Work Manufacturing · NAICS 332323
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
07
ARVADA, CO 80002

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