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SBA 7(a)Paid in Full

Roger's Body & Frame, LLC

Newport, WAColumbia Bank"Automotive Body, Paint, and Interior Repair and Maintenance" · NAICS 811121
APPROVAL AMOUNT
$245,000
PROGRAM
SBA 7(a)
15 years term
APPROVED
2013-04-10
5.5% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$2,002
AT RATE
5.5%
recorded at approval
TOTAL INTEREST
$115,334
over 15 yrs
TOTAL REPAID
$360,334

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
Newport, WA 99156
INDUSTRY
"Automotive Body, Paint, and Interior Repair and Maintenance" · NAICS 811121
BUSINESS STRUCTURE
Corporation
LOAN TERM
15 years
INITIAL INTEREST RATE
5.5%
LOAN STATUS
Paid in Full
Newport, WA 99156

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