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SBA 7(a)Active, details exempt

Sandberg Land LLC

FRANKLIN LAKES, NJTD Bank, National AssociationNursery, Garden Center, and Farm Supply Stores · NAICS 444220
APPROVAL AMOUNT
$2,110,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2021-08-30
4.25% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$11,431
AT RATE
4.25%
recorded at approval
TOTAL INTEREST
$1,319,202
over 25 yrs
TOTAL REPAID
$3,429,202

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
FRANKLIN LAKES, NJ 07417
INDUSTRY
Nursery, Garden Center, and Farm Supply Stores · NAICS 444220
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
4.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
05
FRANKLIN LAKES, NJ 07417

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