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SBA 7(a)Paid in Full

Patti YoungKim

Hoquiam, WAUniBankHotels (except Casino Hotels) and Motels · NAICS 721110
APPROVAL AMOUNT
$315,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2020-06-04
4.25% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$1,706
AT RATE
4.25%
recorded at approval
TOTAL INTEREST
$196,943
over 25 yrs
TOTAL REPAID
$511,943

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
Hoquiam, WA 98550
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Individual
LOAN TERM
25 years
INITIAL INTEREST RATE
4.25%
LOAN STATUS
Paid in Full
Hoquiam, WA 98550

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