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SBA 7(a)CANCLD

MainSpring, Inc.

Poolesville, MDMid-Atlantic Federal Credit UnionComputer Systems Design Services · NAICS 541512
APPROVAL AMOUNT
$350,000
PROGRAM
SBA 7(a)
5 years term
APPROVED
2010-04-09
4.75% rate
JOBS SUPPORTED
51
Borrower-reported

Estimated monthly payment

MONTHLY
$6,565
AT RATE
4.75%
recorded at approval
TOTAL INTEREST
$43,895
over 5 yrs
TOTAL REPAID
$393,895

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
Poolesville, MD 20837
INDUSTRY
Computer Systems Design Services · NAICS 541512
BUSINESS STRUCTURE
Corporation
LOAN TERM
5 years
INITIAL INTEREST RATE
4.75%
LOAN STATUS
CANCLD
Poolesville, MD 20837

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