SBA 7(a)Current

Northwest Steel LLC

Newport, WAGlacier Bank"Roofing, Siding, and Insulation Material Merchant Wholesalers" · NAICS 423330

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APPROVAL AMOUNT

$391,000

PROGRAM

SBA 7(a)

25 years term

APPROVED

2021-05-14

4.5% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$2,173

AT RATE

4.5%

recorded at approval

TOTAL INTEREST

$260,991

over 25 yrs

TOTAL REPAID

$651,991

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

Newport, WA 99156

INDUSTRY

"Roofing, Siding, and Insulation Material Merchant Wholesalers" · NAICS 423330

BUSINESS STRUCTURE

Corporation

LOAN TERM

25 years

INITIAL INTEREST RATE

4.5%

LOAN STATUS

Current

Newport, WA 99156

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