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SBA 7(a)Active, details exempt

Jose M. Munoz and Adriana P. Munoz

EL MONTE, CAWells Fargo Bank National AssociationMen's Clothing Stores · NAICS 448110
APPROVAL AMOUNT
$1,247,800
PROGRAM
SBA 7(a)
25 years term
APPROVED
2015-06-03
4.25% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$6,760
AT RATE
4.25%
recorded at approval
TOTAL INTEREST
$780,142
over 25 yrs
TOTAL REPAID
$2,027,942

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
EL MONTE, CA 91731
INDUSTRY
Men's Clothing Stores · NAICS 448110
BUSINESS STRUCTURE
Partnership
LOAN TERM
25 years
INITIAL INTEREST RATE
4.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
27
EL MONTE, CA 91731

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