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SBA 7(a)Current

R&S Restaurants LLC

Maggie Valley, NCPNC Bank, National AssociationLimited-Service Restaurants · NAICS 722513
APPROVAL AMOUNT
$944,900
PROGRAM
SBA 7(a)
20 years term
APPROVED
2018-04-03
5.79% rate
JOBS SUPPORTED
74
Borrower-reported

Estimated monthly payment

MONTHLY
$6,612
AT RATE
5.79%
recorded at approval
TOTAL INTEREST
$661,815
over 20.3 yrs
TOTAL REPAID
$1,606,715

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
Maggie Valley, NC 28751
INDUSTRY
Limited-Service Restaurants · NAICS 722513
BUSINESS STRUCTURE
Corporation
LOAN TERM
20 years
INITIAL INTEREST RATE
5.79%
LOAN STATUS
Current
Maggie Valley, NC 28751

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