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SBA 7(a)Current

Sales Town Inc

Airmont, NYManufacturers and Traders Trust CompanyCosmetics, Beauty Supplies, and Perfume Retailers · NAICS 456120
APPROVAL AMOUNT
$190,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-11-13
10.25% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$2,537
AT RATE
10.25%
recorded at approval
TOTAL INTEREST
$114,469
over 10 yrs
TOTAL REPAID
$304,469

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
Airmont, NY 10952
INDUSTRY
Cosmetics, Beauty Supplies, and Perfume Retailers · NAICS 456120
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.25%
LOAN STATUS
Current
Airmont, NY 10952

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