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SBA 7(a)Paid in Full

Michael S Buchholtz, MD PC

Greenlawn, NYDime Community BankOffices of Physicians (except Mental Health Specialists) · NAICS 621111
APPROVAL AMOUNT
$1,200,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2011-03-02
6% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$13,322
AT RATE
6%
recorded at approval
TOTAL INTEREST
$398,695
over 10 yrs
TOTAL REPAID
$1,598,695

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
Offices of Physicians (except Mental Health Specialists) · NAICS 621111
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Greenlawn, NY 11740

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