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SBA 7(a)Active, details exempt

MINESTONE

WOODLAND HILLS, CAUnited Business BankOther Building Material Dealers · NAICS 444190
APPROVAL AMOUNT
$1,800,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2017-01-23
6.5% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$12,154
AT RATE
6.5%
recorded at approval
TOTAL INTEREST
$1,846,119
over 25 yrs
TOTAL REPAID
$3,646,119

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
WOODLAND HILLS, CA 91364
INDUSTRY
Other Building Material Dealers · NAICS 444190
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
30
WOODLAND HILLS, CA 91364

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