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SBA 7(a)Active, details exempt

Peak Waste, LLC

WINSTON SALEM, NCBank of Oak RidgeHazardous Waste Collection · NAICS 562112
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APPROVAL AMOUNT
$1,930,500
PROGRAM
SBA 7(a)
11 years term
APPROVED
2023-09-28
10.5% rate
JOBS SUPPORTED
6
Borrower-reported

Estimated monthly payment

MONTHLY
$25,349
AT RATE
10.5%
recorded at approval
TOTAL INTEREST
$1,263,515
over 10.5 yrs
TOTAL REPAID
$3,194,015

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
WINSTON SALEM, NC 27105
INDUSTRY
Hazardous Waste Collection · NAICS 562112
BUSINESS STRUCTURE
Corporation
LOAN TERM
11 years
INITIAL INTEREST RATE
10.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
06
WINSTON SALEM, NC 27105

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