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SBA 7(a)Current

RESOLUTE TRUCKING INC.

Franklinville, NYCommunity Bank, National Association"General Freight Trucking, Local" · NAICS 484110
APPROVAL AMOUNT
$71,100
PROGRAM
SBA 7(a)
5 years term
APPROVED
2022-10-12
7.84% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$1,436
AT RATE
7.84%
recorded at approval
TOTAL INTEREST
$15,073
over 5 yrs
TOTAL REPAID
$86,173

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
Franklinville, NY 14737
INDUSTRY
"General Freight Trucking, Local" · NAICS 484110
BUSINESS STRUCTURE
Corporation
LOAN TERM
5 years
INITIAL INTEREST RATE
7.84%
LOAN STATUS
Current
Franklinville, NY 14737

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