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SBA 7(a)Paid in Full

Overhead Door Co of Bellingham

BELLINGHAM, WAHarborstone CUOther Building Equipment Contractors · NAICS 238290
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APPROVAL AMOUNT
$1,476,500
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-11-16
9% rate
JOBS SUPPORTED
16
Borrower-reported

Estimated monthly payment

MONTHLY
$18,704
AT RATE
9%
recorded at approval
TOTAL INTEREST
$767,941
over 10 yrs
TOTAL REPAID
$2,244,441

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
BELLINGHAM, WA 98225
INDUSTRY
Other Building Equipment Contractors · NAICS 238290
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
01
BELLINGHAM, WA 98225

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