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SBA 7(a)Current

RACQUETHAUSE SOUTH, LLC

Zebulon, GAWells Fargo Bank National AssociationFitness and Recreational Sports Centers · NAICS 713940
APPROVAL AMOUNT
$668,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2016-05-16
4.25% rate
JOBS SUPPORTED
20
Borrower-reported

Estimated monthly payment

MONTHLY
$3,619
AT RATE
4.25%
recorded at approval
TOTAL INTEREST
$417,643
over 25 yrs
TOTAL REPAID
$1,085,643

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
Zebulon, GA 30295
INDUSTRY
Fitness and Recreational Sports Centers · NAICS 713940
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
4.25%
LOAN STATUS
Current
Zebulon, GA 30295

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