SBA 7(a)Paid in Full

S&J LEE corporation

CORDOVA, TNMetro City BankDrycleaning and Laundry Services (except Coin-Operated) · NAICS 812320

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APPROVAL AMOUNT

$610,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2013-12-13

6% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$6,772

AT RATE

recorded at approval

TOTAL INTEREST

$202,670

over 10 yrs

TOTAL REPAID

$812,670

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

CORDOVA, TN 38018

INDUSTRY

Drycleaning and Laundry Services (except Coin-Operated) · NAICS 812320

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

LOAN STATUS

Paid in Full

CONGRESSIONAL DIST.

CORDOVA, TN 38018

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