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SBA 7(a)Paid in Full

Law Offices of David B. Gardner, Inc.

Los Angeles, CAUSC CUOffices of Lawyers · NAICS 541110
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APPROVAL AMOUNT
$209,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2011-08-31
6% rate
JOBS SUPPORTED
6
Borrower-reported

Estimated monthly payment

MONTHLY
$2,320
AT RATE
6%
recorded at approval
TOTAL INTEREST
$69,439
over 10 yrs
TOTAL REPAID
$278,439

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
Los Angeles, CA 90048
INDUSTRY
Offices of Lawyers · NAICS 541110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Los Angeles, CA 90048

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