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SBA 7(a)Active, details exempt

MTF USA INC.

MONROE, WAColumbia BankAll Other Miscellaneous Store Retailers (except Tobacco Stores) · NAICS 453998
APPROVAL AMOUNT
$738,700
PROGRAM
SBA 7(a)
10 years term
APPROVED
2021-05-19
5.25% rate
JOBS SUPPORTED
50
Borrower-reported

Estimated monthly payment

MONTHLY
$7,926
AT RATE
5.25%
recorded at approval
TOTAL INTEREST
$212,377
over 10 yrs
TOTAL REPAID
$951,077

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
MONROE, WA 98272
INDUSTRY
All Other Miscellaneous Store Retailers (except Tobacco Stores) · NAICS 453998
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
5.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
01
MONROE, WA 98272

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