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SBA 7(a)Active, details exempt

Madison Capital Investments Inc.

EASTON, PABeacon Bank and TrustConsumer Electronics and Appliances Rental · NAICS 532210
APPROVAL AMOUNT
$1,128,000
PROGRAM
SBA 7(a)
20 years term
APPROVED
2021-06-30
5.75% rate
JOBS SUPPORTED
32
Borrower-reported

Estimated monthly payment

MONTHLY
$7,937
AT RATE
5.75%
recorded at approval
TOTAL INTEREST
$768,990
over 19.9 yrs
TOTAL REPAID
$1,896,990

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
EASTON, PA 18045
INDUSTRY
Consumer Electronics and Appliances Rental · NAICS 532210
BUSINESS STRUCTURE
Corporation
LOAN TERM
20 years
INITIAL INTEREST RATE
5.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
07
EASTON, PA 18045

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