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SBA 7(a)Paid in Full

Roker Wings, Inc., Norcross & Reeves Enterprises, LP & Rondal L. Norcross

Sachse, TXPNC Bank, National AssociationLimited-Service Restaurants · NAICS 722211
APPROVAL AMOUNT
$1,207,000
PROGRAM
SBA 7(a)
8 years term
APPROVED
2011-03-23
4.5% rate
JOBS SUPPORTED
70
Borrower-reported

Estimated monthly payment

MONTHLY
$14,995
AT RATE
4.5%
recorded at approval
TOTAL INTEREST
$232,505
over 8 yrs
TOTAL REPAID
$1,439,505

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
Sachse, TX 75048
INDUSTRY
Limited-Service Restaurants · NAICS 722211
BUSINESS STRUCTURE
Corporation
LOAN TERM
8 years
INITIAL INTEREST RATE
4.5%
LOAN STATUS
Paid in Full
Sachse, TX 75048

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