SBA 7(a)Current

PARSA DESIGN & DEVELOPMENT INC

Pacific Palisades, CAThe Huntington National BankResidential Remodelers · NAICS 236118

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APPROVAL AMOUNT

$500,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2023-11-11

11.25% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$6,958

AT RATE

11.25%

recorded at approval

TOTAL INTEREST

$335,014

over 10 yrs

TOTAL REPAID

$835,014

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

Pacific Palisades, CA 90272

INDUSTRY

Residential Remodelers · NAICS 236118

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

11.25%

LOAN STATUS

Current

Pacific Palisades, CA 90272

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