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SBA 7(a)Paid in Full

On the Rock Gym

Terrebonne, ORSummit BankFitness and Recreational Sports Centers · NAICS 713940
APPROVAL AMOUNT
$350,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-06-14
6.75% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$4,019
AT RATE
6.75%
recorded at approval
TOTAL INTEREST
$132,261
over 10 yrs
TOTAL REPAID
$482,261

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
Terrebonne, OR 97760
INDUSTRY
Fitness and Recreational Sports Centers · NAICS 713940
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6.75%
LOAN STATUS
Paid in Full
Terrebonne, OR 97760

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