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SBA 7(a)Paid in Full

KWANG TAEKO

INGLEWOOD, CAOpen BankOther Clothing Stores · NAICS 448190
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APPROVAL AMOUNT
$1,200,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2012-08-27
4.5% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$6,670
AT RATE
4.5%
recorded at approval
TOTAL INTEREST
$800,997
over 25 yrs
TOTAL REPAID
$2,000,997

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
INGLEWOOD, CA 90301
INDUSTRY
Other Clothing Stores · NAICS 448190
BUSINESS STRUCTURE
Individual
LOAN TERM
25 years
INITIAL INTEREST RATE
4.5%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
43
INGLEWOOD, CA 90301

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