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SBA 7(a)Active, details exempt

PQ2 LLC

MIDVALE, UTBeacon Bank and TrustInterior Design Services · NAICS 541410
APPROVAL AMOUNT
$1,394,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2023-02-17
9.75% rate
JOBS SUPPORTED
9
Borrower-reported

Estimated monthly payment

MONTHLY
$18,229
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$793,525
over 10 yrs
TOTAL REPAID
$2,187,525

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
MIDVALE, UT 84047
INDUSTRY
Interior Design Services · NAICS 541410
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
03
MIDVALE, UT 84047

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