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SBA 7(a)Paid in Full

Northwest Welding & Mechanical, Inc.

Hooper, UTCache Valley Bank"Other Foundation, Structure, and Building Exterior Contractors" · NAICS 238190
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APPROVAL AMOUNT
$200,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2014-12-18
5.25% rate
JOBS SUPPORTED
22
Borrower-reported

Estimated monthly payment

MONTHLY
$2,146
AT RATE
5.25%
recorded at approval
TOTAL INTEREST
$57,500
over 10 yrs
TOTAL REPAID
$257,500

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
Hooper, UT 84315
INDUSTRY
"Other Foundation, Structure, and Building Exterior Contractors" · NAICS 238190
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
5.25%
LOAN STATUS
Paid in Full
Hooper, UT 84315

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