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SBA 7(a)Paid in Full

Mara Oil Investments, Inc.

Sachse, TXBankUnited, National AssociationAutomotive Oil Change and Lubrication Shops · NAICS 811191
APPROVAL AMOUNT
$1,569,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2013-12-10
5% rate
JOBS SUPPORTED
30
Borrower-reported

Estimated monthly payment

MONTHLY
$9,172
AT RATE
5%
recorded at approval
TOTAL INTEREST
$1,182,665
over 25 yrs
TOTAL REPAID
$2,751,665

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
Sachse, TX 75048
INDUSTRY
Automotive Oil Change and Lubrication Shops · NAICS 811191
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
5%
LOAN STATUS
Paid in Full
Sachse, TX 75048

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