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SBA 7(a)Active, details exempt

RAYNALD L. DESAMEAU, DMD, PLLC

CHARLOTTE, NCUnited Community BankOffices of Dentists · NAICS 621210
APPROVAL AMOUNT
$3,330,000
PROGRAM
SBA 7(a)
11 years term
APPROVED
2023-09-21
11.25% rate
JOBS SUPPORTED
20
Borrower-reported

Estimated monthly payment

MONTHLY
$44,252
AT RATE
11.25%
recorded at approval
TOTAL INTEREST
$2,466,995
over 10.9 yrs
TOTAL REPAID
$5,796,995

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
CHARLOTTE, NC 28210
INDUSTRY
Offices of Dentists · NAICS 621210
BUSINESS STRUCTURE
Corporation
LOAN TERM
11 years
INITIAL INTEREST RATE
11.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
09
CHARLOTTE, NC 28210

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