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SBA 7(a)Active, details exempt

NEXUS, LLC

MIDVALE, UTAmerica First Federal Credit UnionAll Other Legal Services · NAICS 541199
APPROVAL AMOUNT
$1,177,800
PROGRAM
SBA 7(a)
22 years term
APPROVED
2018-05-08
5.75% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$7,902
AT RATE
5.75%
recorded at approval
TOTAL INTEREST
$892,567
over 21.8 yrs
TOTAL REPAID
$2,070,367

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
MIDVALE, UT 84047
INDUSTRY
All Other Legal Services · NAICS 541199
BUSINESS STRUCTURE
Corporation
LOAN TERM
22 years
INITIAL INTEREST RATE
5.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
04
MIDVALE, UT 84047

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