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SBA 7(a)Active, details exempt

MARIBOU

FOLSOM, CAPNC Bank, National AssociationBeauty Salons · NAICS 812112
APPROVAL AMOUNT
$839,800
PROGRAM
SBA 7(a)
26 years term
APPROVED
2021-03-04
4.5% rate
JOBS SUPPORTED
57
Borrower-reported

Estimated monthly payment

MONTHLY
$4,618
AT RATE
4.5%
recorded at approval
TOTAL INTEREST
$573,437
over 25.5 yrs
TOTAL REPAID
$1,413,237

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
FOLSOM, CA 95630
INDUSTRY
Beauty Salons · NAICS 812112
BUSINESS STRUCTURE
Corporation
LOAN TERM
26 years
INITIAL INTEREST RATE
4.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
07
FOLSOM, CA 95630

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