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SBA 7(a)Current

L P AERO PLASTICS INC

Jeannette, PAFirst National Bank of PennsylvaniaPlastics Material and Resin Manufacturing · NAICS 325211
APPROVAL AMOUNT
$2,075,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2021-06-28
5.25% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$12,434
AT RATE
5.25%
recorded at approval
TOTAL INTEREST
$1,655,317
over 25 yrs
TOTAL REPAID
$3,730,317

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
Jeannette, PA 15644
INDUSTRY
Plastics Material and Resin Manufacturing · NAICS 325211
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
5.25%
LOAN STATUS
Current
Jeannette, PA 15644

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