SBA 7(a)Paid in Full

Midwin Vogel & Nathanson LLP

Pacific Palisades, CABanc of CaliforniaOffices of Certified Public Accountants · NAICS 541211

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APPROVAL AMOUNT

$877,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2017-01-24

5.25% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$9,350

AT RATE

5.25%

recorded at approval

TOTAL INTEREST

$254,390

over 10.1 yrs

TOTAL REPAID

$1,131,390

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

Pacific Palisades, CA 90272

INDUSTRY

Offices of Certified Public Accountants · NAICS 541211

BUSINESS STRUCTURE

Partnership

LOAN TERM

10 years

INITIAL INTEREST RATE

5.25%

LOAN STATUS

Paid in Full

Pacific Palisades, CA 90272

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