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SBA 7(a)Active, details exempt

Persnickety Co

OREM, UTThe Huntington National BankPhotofinishing Laboratories (except One-Hour) · NAICS 812921
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APPROVAL AMOUNT
$2,106,300
PROGRAM
SBA 7(a)
8 years term
APPROVED
2023-06-14
10.15% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$32,129
AT RATE
10.15%
recorded at approval
TOTAL INTEREST
$978,061
over 8 yrs
TOTAL REPAID
$3,084,361

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
OREM, UT 84057
INDUSTRY
Photofinishing Laboratories (except One-Hour) · NAICS 812921
BUSINESS STRUCTURE
Corporation
LOAN TERM
8 years
INITIAL INTEREST RATE
10.15%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
03
OREM, UT 84057

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