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SBA 7(a)Paid in Full

Jeroboam, LLC Dba Corkbar

Los Angeles, CAUSC CUFull-Service Restaurants · NAICS 722110
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APPROVAL AMOUNT
$205,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2011-02-28
6% rate
JOBS SUPPORTED
20
Borrower-reported

Estimated monthly payment

MONTHLY
$2,276
AT RATE
6%
recorded at approval
TOTAL INTEREST
$68,110
over 10 yrs
TOTAL REPAID
$273,110

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
Los Angeles, CA 90015
INDUSTRY
Full-Service Restaurants · NAICS 722110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Los Angeles, CA 90015

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