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SBA 7(a)Active, details exempt

NEIGHBORLEE HOMES LLC

MOUNTAIN TOP, PANortheast BankOther Activities Related to Real Estate · NAICS 531390
APPROVAL AMOUNT
$150,000
PROGRAM
SBA 7(a)
5 years term
APPROVED
2018-11-20
8% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$3,218
AT RATE
8%
recorded at approval
TOTAL INTEREST
$30,232
over 4.7 yrs
TOTAL REPAID
$180,232

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
MOUNTAIN TOP, PA 18707
INDUSTRY
Other Activities Related to Real Estate · NAICS 531390
BUSINESS STRUCTURE
Corporation
LOAN TERM
5 years
INITIAL INTEREST RATE
8%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
08
MOUNTAIN TOP, PA 18707

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