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SBA 7(a)Paid in Full

Mantra LLC

FRANKLIN, TNFirst Financial Bank, National AssociationBeer, Wine, and Liquor Stores · NAICS 445310
APPROVAL AMOUNT
$1,260,000
PROGRAM
SBA 7(a)
11 years term
APPROVED
2018-03-08
6% rate
JOBS SUPPORTED
8
Borrower-reported

Estimated monthly payment

MONTHLY
$12,857
AT RATE
6%
recorded at approval
TOTAL INTEREST
$475,762
over 11.3 yrs
TOTAL REPAID
$1,735,762

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
FRANKLIN, TN 37064
INDUSTRY
Beer, Wine, and Liquor Stores · NAICS 445310
BUSINESS STRUCTURE
Corporation
LOAN TERM
11 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
04
FRANKLIN, TN 37064

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