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SBA 7(a)Current

MSALK #2 LLC

Seabeck, WACommonwealth Business BankGasoline Stations with Convenience Stores · NAICS 447110
APPROVAL AMOUNT
$2,500,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2018-04-24
6.25% rate
JOBS SUPPORTED
6
Borrower-reported

Estimated monthly payment

MONTHLY
$16,492
AT RATE
6.25%
recorded at approval
TOTAL INTEREST
$2,447,520
over 25 yrs
TOTAL REPAID
$4,947,520

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
Seabeck, WA 98380
INDUSTRY
Gasoline Stations with Convenience Stores · NAICS 447110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6.25%
LOAN STATUS
Current
Seabeck, WA 98380

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