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SBA 7(a)Paid in Full

LeMonds Holdings LLC

Denver, COMeadows BankMortgage and Nonmortgage Loan Brokers · NAICS 522310
APPROVAL AMOUNT
$2,625,000
PROGRAM
SBA 7(a)
26 years term
APPROVED
2012-06-19
5.75% rate
JOBS SUPPORTED
15
Borrower-reported

Estimated monthly payment

MONTHLY
$16,231
AT RATE
5.75%
recorded at approval
TOTAL INTEREST
$2,439,041
over 26 yrs
TOTAL REPAID
$5,064,041

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
Denver, CO 80202
INDUSTRY
Mortgage and Nonmortgage Loan Brokers · NAICS 522310
BUSINESS STRUCTURE
Corporation
LOAN TERM
26 years
INITIAL INTEREST RATE
5.75%
LOAN STATUS
Paid in Full
Denver, CO 80202

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