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SBA 7(a)Paid in Full

Jack's Carwash Company, LP

FRESNO, CAColumbia BankGasoline Stations with Convenience Stores · NAICS 447110
APPROVAL AMOUNT
$3,291,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2015-05-08
4.75% rate
JOBS SUPPORTED
40
Borrower-reported

Estimated monthly payment

MONTHLY
$18,763
AT RATE
4.75%
recorded at approval
TOTAL INTEREST
$2,337,769
over 25 yrs
TOTAL REPAID
$5,628,769

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
FRESNO, CA 93720
INDUSTRY
Gasoline Stations with Convenience Stores · NAICS 447110
BUSINESS STRUCTURE
Partnership
LOAN TERM
25 years
INITIAL INTEREST RATE
4.75%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
16
FRESNO, CA 93720

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