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SBA 7(a)Paid in Full

Midwest Mechanical Services Inc

Young America, MNU.S. Bank, National AssociationAll Other Specialty Trade Contractors · NAICS 238990
APPROVAL AMOUNT
$20,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2010-12-15
8.75% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$319
AT RATE
8.75%
recorded at approval
TOTAL INTEREST
$6,817
over 7 yrs
TOTAL REPAID
$26,817

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
Young America, MN 55397
INDUSTRY
All Other Specialty Trade Contractors · NAICS 238990
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
8.75%
LOAN STATUS
Paid in Full
Young America, MN 55397

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