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SBA 7(a)Paid in Full

LYNN & LYNN LTD

Franklinville, NYManufacturers and Traders Trust CompanyNew Single-Family Housing Construction (except Operative Builders) · NAICS 236115
APPROVAL AMOUNT
$65,000
PROGRAM
SBA 7(a)
5 years term
APPROVED
2009-06-30
5.15% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$1,231
AT RATE
5.15%
recorded at approval
TOTAL INTEREST
$8,866
over 5 yrs
TOTAL REPAID
$73,866

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
Franklinville, NY 14737
INDUSTRY
New Single-Family Housing Construction (except Operative Builders) · NAICS 236115
BUSINESS STRUCTURE
Corporation
LOAN TERM
5 years
INITIAL INTEREST RATE
5.15%
LOAN STATUS
Paid in Full
Franklinville, NY 14737

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