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SBA 7(a)Paid in Full

Pine River Mechanical LLC

Tustin, MIThe Huntington National BankAll Other Support Services · NAICS 561990
APPROVAL AMOUNT
$20,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2012-09-14
6.25% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$295
AT RATE
6.25%
recorded at approval
TOTAL INTEREST
$4,744
over 7 yrs
TOTAL REPAID
$24,744

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
Tustin, MI 49688
INDUSTRY
All Other Support Services · NAICS 561990
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
6.25%
LOAN STATUS
Paid in Full
Tustin, MI 49688

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