SBA 7(a)Paid in Full

Millenium Engine Plating Inc. and Yanes Holding, LLC

HIALEAH, FLTruist BankElectroplating, Plating, Polishing, Anodizing, and Coloring · NAICS 332813

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APPROVAL AMOUNT

$1,505,000

PROGRAM

SBA 7(a)

25 years term

APPROVED

2011-09-27

4.5% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$8,320

AT RATE

4.5%

recorded at approval

TOTAL INTEREST

$1,016,104

over 25.3 yrs

TOTAL REPAID

$2,521,104

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

HIALEAH, FL 33013

INDUSTRY

Electroplating, Plating, Polishing, Anodizing, and Coloring · NAICS 332813

BUSINESS STRUCTURE

Corporation

LOAN TERM

25 years

INITIAL INTEREST RATE

4.5%

LOAN STATUS

Paid in Full

CONGRESSIONAL DIST.

HIALEAH, FL 33013

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