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SBA 7(a)Active, details exempt

La Poblana Meat Market Corp

POUGHKEEPSIE, NYMetro City BankSupermarkets and Other Grocery (except Convenience) Stores · NAICS 445110
APPROVAL AMOUNT
$240,000
PROGRAM
SBA 7(a)
5 years term
APPROVED
2019-10-18
7% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$4,687
AT RATE
7%
recorded at approval
TOTAL INTEREST
$45,919
over 5.1 yrs
TOTAL REPAID
$285,919

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
POUGHKEEPSIE, NY 12601
INDUSTRY
Supermarkets and Other Grocery (except Convenience) Stores · NAICS 445110
BUSINESS STRUCTURE
Corporation
LOAN TERM
5 years
INITIAL INTEREST RATE
7%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
18
POUGHKEEPSIE, NY 12601

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