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SBA 7(a)Paid in Full

Marlene Stay and Christopher Poczciwinski DBA Balloon Masters

CHEEKTOWAGA, NYWells Fargo Bank National AssociationAll Other Miscellaneous Store Retailers (except Tobacco Stores) · NAICS 453998
APPROVAL AMOUNT
$223,500
PROGRAM
SBA 7(a)
25 years term
APPROVED
2017-05-05
5.8% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$1,413
AT RATE
5.8%
recorded at approval
TOTAL INTEREST
$200,344
over 25 yrs
TOTAL REPAID
$423,844

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
CHEEKTOWAGA, NY 14206
INDUSTRY
All Other Miscellaneous Store Retailers (except Tobacco Stores) · NAICS 453998
BUSINESS STRUCTURE
Partnership
LOAN TERM
25 years
INITIAL INTEREST RATE
5.8%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
26
CHEEKTOWAGA, NY 14206

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