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SBA 7(a)Paid in Full

M&P RV LLC

Dillsburg, PANewtek Small Business Finance, Inc.Motorcycle, ATV, and All Other Motor Vehicle Dealers · NAICS 441228
APPROVAL AMOUNT
$450,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2018-08-02
7.75% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$3,399
AT RATE
7.75%
recorded at approval
TOTAL INTEREST
$569,694
over 25 yrs
TOTAL REPAID
$1,019,694

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
Dillsburg, PA 17019
INDUSTRY
Motorcycle, ATV, and All Other Motor Vehicle Dealers · NAICS 441228
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
7.75%
LOAN STATUS
Paid in Full
Dillsburg, PA 17019

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