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SBA 7(a)Active, details exempt

Pro-Salon Mgmt & Inv LLC

DESOTO, TXCeltic Bank CorporationNail Salons · NAICS 812113
APPROVAL AMOUNT
$760,000
PROGRAM
SBA 7(a)
2 years term
APPROVED
2017-03-22
6.25% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$30,247
AT RATE
6.25%
recorded at approval
TOTAL INTEREST
$56,664
over 2.3 yrs
TOTAL REPAID
$816,664

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
DESOTO, TX 75115
INDUSTRY
Nail Salons · NAICS 812113
BUSINESS STRUCTURE
Corporation
LOAN TERM
2 years
INITIAL INTEREST RATE
6.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
30
DESOTO, TX 75115

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