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SBA 7(a)Paid in Full

K M I 2017 Corporation

Union Gap, WAUniBankHotels (except Casino Hotels) and Motels · NAICS 721110
APPROVAL AMOUNT
$2,720,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2017-11-24
5.5% rate
JOBS SUPPORTED
13
Borrower-reported

Estimated monthly payment

MONTHLY
$16,703
AT RATE
5.5%
recorded at approval
TOTAL INTEREST
$2,290,954
over 25 yrs
TOTAL REPAID
$5,010,954

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
Union Gap, WA 98903
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
5.5%
LOAN STATUS
Paid in Full
Union Gap, WA 98903

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