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SBA 7(a)Paid in Full

OLMAZ JEWELERS, LLC

CHAPEL HILL, NCCapital Bank, National AssociationJewelry Stores · NAICS 448310
APPROVAL AMOUNT
$494,500
PROGRAM
SBA 7(a)
10 years term
APPROVED
2019-10-29
8% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$6,000
AT RATE
8%
recorded at approval
TOTAL INTEREST
$225,458
over 10 yrs
TOTAL REPAID
$719,958

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
CHAPEL HILL, NC 27514
INDUSTRY
Jewelry Stores · NAICS 448310
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
04
CHAPEL HILL, NC 27514

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