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SBA 7(a)Active, details exempt

Prime Line Mutual Group

DOWNEY, CAHarvest Small Business Finance, LLCOffices of Real Estate Agents and Brokers · NAICS 531210
APPROVAL AMOUNT
$1,720,500
PROGRAM
SBA 7(a)
25 years term
APPROVED
2022-01-04
5.75% rate
JOBS SUPPORTED
14
Borrower-reported

Estimated monthly payment

MONTHLY
$10,824
AT RATE
5.75%
recorded at approval
TOTAL INTEREST
$1,526,633
over 25 yrs
TOTAL REPAID
$3,247,133

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
DOWNEY, CA 90240
INDUSTRY
Offices of Real Estate Agents and Brokers · NAICS 531210
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
5.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
40
DOWNEY, CA 90240

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