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SBA 7(a)Current

MICHAEL ANTHONY GROUP, INC.

Greenlawn, NYWebster Bank National AssociationLandscaping Services · NAICS 561730
APPROVAL AMOUNT
$440,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-03-26
9% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$5,574
AT RATE
9%
recorded at approval
TOTAL INTEREST
$228,848
over 10 yrs
TOTAL REPAID
$668,848

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
Greenlawn, NY 11740
INDUSTRY
Landscaping Services · NAICS 561730
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Current
Greenlawn, NY 11740

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