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SBA 7(a)Active, details exempt

NJ Golden Tree LLC

EULESS, TXCommonwealth Business BankLimited-Service Restaurants · NAICS 722513
APPROVAL AMOUNT
$1,908,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2018-12-20
6.5% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$12,883
AT RATE
6.5%
recorded at approval
TOTAL INTEREST
$1,956,886
over 25 yrs
TOTAL REPAID
$3,864,886

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
EULESS, TX 76039
INDUSTRY
Limited-Service Restaurants · NAICS 722513
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
24
EULESS, TX 76039

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