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SBA 7(a)Current

MALAK ENTERPRISES LLC

Homosassa, FLSouthState Bank, National AssociationAutomotive Oil Change and Lubrication Shops · NAICS 811191
APPROVAL AMOUNT
$1,183,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2020-09-30
5% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$6,916
AT RATE
5%
recorded at approval
TOTAL INTEREST
$891,710
over 25 yrs
TOTAL REPAID
$2,074,710

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
Homosassa, FL 34446
INDUSTRY
Automotive Oil Change and Lubrication Shops · NAICS 811191
BUSINESS STRUCTURE
Partnership
LOAN TERM
25 years
INITIAL INTEREST RATE
5%
LOAN STATUS
Current
Homosassa, FL 34446

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