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SBA 7(a)Paid in Full

Pens, Paint & Paper, Inc.

Warrensville Heights, OHThe Huntington National Bank"Hobby, Toy, and Game Stores" · NAICS 451120
APPROVAL AMOUNT
$500,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2015-09-22
6% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$5,551
AT RATE
6%
recorded at approval
TOTAL INTEREST
$166,123
over 10 yrs
TOTAL REPAID
$666,123

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
Warrensville Heights, OH 44128
INDUSTRY
"Hobby, Toy, and Game Stores" · NAICS 451120
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Warrensville Heights, OH 44128

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