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SBA 7(a)Paid in Full

Marlar Equipment Repair, LLC

PLUMERVILLE, ARSouthern Bancorp BankGeneral Automotive Repair · NAICS 811111
APPROVAL AMOUNT
$106,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2022-06-30
5% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$1,498
AT RATE
5%
recorded at approval
TOTAL INTEREST
$19,848
over 7 yrs
TOTAL REPAID
$125,848

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
PLUMERVILLE, AR 72127
INDUSTRY
General Automotive Repair · NAICS 811111
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
5%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
02
PLUMERVILLE, AR 72127

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