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SBA 7(a)Active, details exempt

MRP CREATIONS INC.

RANCHO SANTA MARGARITA, CABankUnited, National AssociationElectronic Shopping and Mail-Order Houses · NAICS 454110
APPROVAL AMOUNT
$737,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2018-03-12
7.25% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$8,652
AT RATE
7.25%
recorded at approval
TOTAL INTEREST
$301,295
over 10 yrs
TOTAL REPAID
$1,038,295

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
RANCHO SANTA MARGARITA, CA 92688
INDUSTRY
Electronic Shopping and Mail-Order Houses · NAICS 454110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
45
RANCHO SANTA MARGARITA, CA 92688

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