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SBA 7(a)Paid in Full

NATURE COAST PRE-SCHOOL, INC.

Homosassa, FLStearns Bank National AssociationChild Day Care Services · NAICS 624410
APPROVAL AMOUNT
$845,900
PROGRAM
SBA 7(a)
26 years term
APPROVED
2021-09-27
6% rate
JOBS SUPPORTED
37
Borrower-reported

Estimated monthly payment

MONTHLY
$5,404
AT RATE
6%
recorded at approval
TOTAL INTEREST
$807,774
over 25.5 yrs
TOTAL REPAID
$1,653,674

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
Homosassa, FL 34446
INDUSTRY
Child Day Care Services · NAICS 624410
BUSINESS STRUCTURE
Corporation
LOAN TERM
26 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Homosassa, FL 34446

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