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SBA 7(a)Active, details exempt

Our Backyard Adventures, Inc.

LOGANVILLE, GAParagon BankAll Other Amusement and Recreation Industries · NAICS 713990
APPROVAL AMOUNT
$442,000
PROGRAM
SBA 7(a)
26 years term
APPROVED
2020-08-05
7.5% rate
JOBS SUPPORTED
12
Borrower-reported

Estimated monthly payment

MONTHLY
$3,245
AT RATE
7.5%
recorded at approval
TOTAL INTEREST
$550,856
over 25.5 yrs
TOTAL REPAID
$992,856

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
LOGANVILLE, GA 30052
INDUSTRY
All Other Amusement and Recreation Industries · NAICS 713990
BUSINESS STRUCTURE
Corporation
LOAN TERM
26 years
INITIAL INTEREST RATE
7.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
04
LOGANVILLE, GA 30052

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