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SBA 7(a)Active, details exempt

ROCKY'S BODY SHOP & TOWING, INC.

HAYDEN, IDNewtek Bank, National AssociationAutomotive Body, Paint, and Interior Repair and Maintenance · NAICS 811121
APPROVAL AMOUNT
$1,475,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2024-10-09
11% rate
JOBS SUPPORTED
15
Borrower-reported

Estimated monthly payment

MONTHLY
$14,412
AT RATE
11%
recorded at approval
TOTAL INTEREST
$2,920,715
over 25.4 yrs
TOTAL REPAID
$4,395,715

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
HAYDEN, ID 83835
INDUSTRY
Automotive Body, Paint, and Interior Repair and Maintenance · NAICS 811121
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
11%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
01
HAYDEN, ID 83835

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