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SBA 7(a)Active, details exempt

Metronome Energy Inc

LAWRENCE, NYManufacturers and Traders Trust CompanyFuel Dealers · NAICS 454310
APPROVAL AMOUNT
$90,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2021-06-29
6.25% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$1,011
AT RATE
6.25%
recorded at approval
TOTAL INTEREST
$31,263
over 10 yrs
TOTAL REPAID
$121,263

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
LAWRENCE, NY 11559
INDUSTRY
Fuel Dealers · NAICS 454310
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
04
LAWRENCE, NY 11559

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