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SBA 7(a)Paid in Full

MONTROSE PROPERTIES, LLC

Montrose, CAWells Fargo Bank National AssociationOther Specialized Design Services · NAICS 541490
APPROVAL AMOUNT
$1,096,500
PROGRAM
SBA 7(a)
25 years term
APPROVED
2016-02-29
4.65% rate
JOBS SUPPORTED
27
Borrower-reported

Estimated monthly payment

MONTHLY
$6,188
AT RATE
4.65%
recorded at approval
TOTAL INTEREST
$760,030
over 25 yrs
TOTAL REPAID
$1,856,530

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
Montrose, CA 91020
INDUSTRY
Other Specialized Design Services · NAICS 541490
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
4.65%
LOAN STATUS
Paid in Full
Montrose, CA 91020

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