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SBA 7(a)CANCLD

Michael Myers

Mohave Valley, AZArizona Financial Credit UnionRV (Recreational Vehicle) Parks and Campgrounds · NAICS 721211
APPROVAL AMOUNT
$768,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2013-08-19
5.5% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$4,716
AT RATE
5.5%
recorded at approval
TOTAL INTEREST
$646,858
over 25 yrs
TOTAL REPAID
$1,414,858

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
Mohave Valley, AZ 86440
INDUSTRY
RV (Recreational Vehicle) Parks and Campgrounds · NAICS 721211
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
5.5%
LOAN STATUS
CANCLD
Mohave Valley, AZ 86440

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