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SBA 7(a)Active, details exempt

Make and Share Inc

WALNUT, CAThe Huntington National BankOther Miscellaneous Durable Goods Merchant Wholesalers · NAICS 423990
APPROVAL AMOUNT
$300,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-07-09
7.5% rate
JOBS SUPPORTED
11
Borrower-reported

Estimated monthly payment

MONTHLY
$3,561
AT RATE
7.5%
recorded at approval
TOTAL INTEREST
$127,326
over 10 yrs
TOTAL REPAID
$427,326

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
WALNUT, CA 91789
INDUSTRY
Other Miscellaneous Durable Goods Merchant Wholesalers · NAICS 423990
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
32
WALNUT, CA 91789

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