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SBA 7(a)Paid in Full

Mission Garden Car Wash

WALNUT, CAEast West BankAutomobile and Other Motor Vehicle Merchant Wholesalers · NAICS 423110
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APPROVAL AMOUNT
$1,000,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2010-10-01
6% rate
JOBS SUPPORTED
8
Borrower-reported

Estimated monthly payment

MONTHLY
$6,443
AT RATE
6%
recorded at approval
TOTAL INTEREST
$932,904
over 25 yrs
TOTAL REPAID
$1,932,904

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
WALNUT, CA 91789
INDUSTRY
Automobile and Other Motor Vehicle Merchant Wholesalers · NAICS 423110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
32
WALNUT, CA 91789

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