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SBA 7(a)Paid in Full

JOHN MERCIER PLUMBING, INC.

Cuddy, PAThe Huntington National Bank"Plumbing, Heating, and Air-Conditioning Contractors" · NAICS 238220
APPROVAL AMOUNT
$100,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2015-02-17
4.75% rate
JOBS SUPPORTED
16
Borrower-reported

Estimated monthly payment

MONTHLY
$1,402
AT RATE
4.75%
recorded at approval
TOTAL INTEREST
$17,741
over 7 yrs
TOTAL REPAID
$117,741

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
Cuddy, PA 15031
INDUSTRY
"Plumbing, Heating, and Air-Conditioning Contractors" · NAICS 238220
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
4.75%
LOAN STATUS
Paid in Full
Cuddy, PA 15031

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