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SBA 7(a)Paid in Full

MAJRBpizza, L.L.C.

Weaverville, NCFirst National Bank of PennsylvaniaFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$460,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2015-07-23
6% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$5,107
AT RATE
6%
recorded at approval
TOTAL INTEREST
$152,833
over 10 yrs
TOTAL REPAID
$612,833

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
Weaverville, NC 28787
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Weaverville, NC 28787

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