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SBA 7(a)Active, details exempt

K-LER LAND WORKS, INC.

PRESCOTT, AZEvolve Bank and TrustLandscaping Services · NAICS 561730
APPROVAL AMOUNT
$1,631,100
PROGRAM
SBA 7(a)
10 years term
APPROVED
2023-09-22
11.25% rate
JOBS SUPPORTED
23
Borrower-reported

Estimated monthly payment

MONTHLY
$22,700
AT RATE
11.25%
recorded at approval
TOTAL INTEREST
$1,092,882
over 10 yrs
TOTAL REPAID
$2,723,982

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
PRESCOTT, AZ 86301
INDUSTRY
Landscaping Services · NAICS 561730
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
04
PRESCOTT, AZ 86301

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