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SBA 7(a)Cancelled

K.A. of Montgomery Township, Inc

NORTH WALES, PAHarvest Small Business Finance, LLCElementary and Secondary Schools · NAICS 611110
APPROVAL AMOUNT
$1,740,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2019-02-22
8.25% rate
JOBS SUPPORTED
18
Borrower-reported

Estimated monthly payment

MONTHLY
$13,719
AT RATE
8.25%
recorded at approval
TOTAL INTEREST
$2,375,710
over 25 yrs
TOTAL REPAID
$4,115,710

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
NORTH WALES, PA 19454
INDUSTRY
Elementary and Secondary Schools · NAICS 611110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
8.25%
LOAN STATUS
Cancelled
CONGRESSIONAL DIST.
01
NORTH WALES, PA 19454

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