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SBA 7(a)Paid in Full

Life Science Intelligence, Inc

HUNTINGTON BEACH, CAMeridian BankConvention and Trade Show Organizers · NAICS 561920
APPROVAL AMOUNT
$2,311,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-09-13
10.5% rate
JOBS SUPPORTED
22
Borrower-reported

Estimated monthly payment

MONTHLY
$31,183
AT RATE
10.5%
recorded at approval
TOTAL INTEREST
$1,431,017
over 10 yrs
TOTAL REPAID
$3,742,017

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
HUNTINGTON BEACH, CA 92647
INDUSTRY
Convention and Trade Show Organizers · NAICS 561920
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.5%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
47
HUNTINGTON BEACH, CA 92647

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