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SBA 7(a)Active, details exempt

Natasha Ekta Jr LLC

BUTLER, NJWilmington Savings Fund Society FSBBeer, Wine, and Liquor Retailers · NAICS 445320
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APPROVAL AMOUNT
$1,010,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2022-07-31
6.5% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$6,820
AT RATE
6.5%
recorded at approval
TOTAL INTEREST
$1,035,878
over 25 yrs
TOTAL REPAID
$2,045,878

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
BUTLER, NJ 07405
INDUSTRY
Beer, Wine, and Liquor Retailers · NAICS 445320
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
11
BUTLER, NJ 07405
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