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SBA 7(a)Paid in Full

Quest Construction Group, Inc

WEST HILLS, CAJPMorgan Chase Bank, National AssociationResidential Remodelers · NAICS 236118
APPROVAL AMOUNT
$180,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2023-05-19
12.6% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$2,645
AT RATE
12.6%
recorded at approval
TOTAL INTEREST
$137,435
over 10 yrs
TOTAL REPAID
$317,435

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
WEST HILLS, CA 91307
INDUSTRY
Residential Remodelers · NAICS 236118
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
12.6%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
30
WEST HILLS, CA 91307

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