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SBA 7(a)Current

PHX Automotive, Inc.

Phoenix, ORSeacoast National BankGeneral Automotive Repair · NAICS 811111
APPROVAL AMOUNT
$2,847,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2024-08-14
9.5% rate
JOBS SUPPORTED
11
Borrower-reported

Estimated monthly payment

MONTHLY
$24,874
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$4,615,243
over 25 yrs
TOTAL REPAID
$7,462,243

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
Phoenix, OR 97535
INDUSTRY
General Automotive Repair · NAICS 811111
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Current
Phoenix, OR 97535

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