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SBA 7(a)Active, details exempt

Murphy Capital Investments LLC

TAYLORS, SCBayFirst National BankAutomobile and Other Motor Vehicle Merchant Wholesalers · NAICS 423110
APPROVAL AMOUNT
$200,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-05-17
6.25% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$2,246
AT RATE
6.25%
recorded at approval
TOTAL INTEREST
$69,472
over 10 yrs
TOTAL REPAID
$269,472

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
TAYLORS, SC 29687
INDUSTRY
Automobile and Other Motor Vehicle Merchant Wholesalers · NAICS 423110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
04
TAYLORS, SC 29687

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