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SBA 7(a)Active, details exempt

NEW PBB AUTO INC

EL MONTE, CAU.S. Bank, National AssociationUsed Car Dealers · NAICS 441120
APPROVAL AMOUNT
$1,215,500
PROGRAM
SBA 7(a)
25 years term
APPROVED
2023-01-19
8.52% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$9,804
AT RATE
8.52%
recorded at approval
TOTAL INTEREST
$1,725,677
over 25 yrs
TOTAL REPAID
$2,941,177

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
EL MONTE, CA 91732
INDUSTRY
Used Car Dealers · NAICS 441120
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
8.52%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
27
EL MONTE, CA 91732

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