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SBA 7(a)Paid in Full

PHILLIPS FUNERAL HOME, INC

Ironton, OHNortheast BankFuneral Homes and Funeral Services · NAICS 812210
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APPROVAL AMOUNT
$1,486,000
PROGRAM
SBA 7(a)
16 years term
APPROVED
2008-12-31
4.75% rate
JOBS SUPPORTED
6
Borrower-reported

Estimated monthly payment

MONTHLY
$11,064
AT RATE
4.75%
recorded at approval
TOTAL INTEREST
$638,329
over 16 yrs
TOTAL REPAID
$2,124,329

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
Ironton, OH 45638
INDUSTRY
Funeral Homes and Funeral Services · NAICS 812210
BUSINESS STRUCTURE
Corporation
LOAN TERM
16 years
INITIAL INTEREST RATE
4.75%
LOAN STATUS
Paid in Full
Ironton, OH 45638

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