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SBA 7(a)Current

Random Access, Inc.

Woodbridge, CABank of America, National AssociationComputer and Computer Peripheral Equipment and Software Merchant Wholesalers · NAICS 423430
APPROVAL AMOUNT
$200,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-11-29
2.75% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$1,908
AT RATE
2.75%
recorded at approval
TOTAL INTEREST
$28,986
over 10 yrs
TOTAL REPAID
$228,986

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
Woodbridge, CA 95258
INDUSTRY
Computer and Computer Peripheral Equipment and Software Merchant Wholesalers · NAICS 423430
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
2.75%
LOAN STATUS
Current
Woodbridge, CA 95258

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