Find Lenders
SBA 7(a)Paid in Full

Schumacher Systems, Inc.

Callicoon, NYEmpire State Certified Development CorporationDrywall and Insulation Contractors · NAICS 238310
APPROVAL AMOUNT
$250,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2016-04-06
7% rate
JOBS SUPPORTED
6
Borrower-reported

Estimated monthly payment

MONTHLY
$2,903
AT RATE
7%
recorded at approval
TOTAL INTEREST
$98,325
over 10 yrs
TOTAL REPAID
$348,325

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
Callicoon, NY 12723
INDUSTRY
Drywall and Insulation Contractors · NAICS 238310
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7%
LOAN STATUS
Paid in Full
Callicoon, NY 12723

Other loans from this lender · Empire State Certified Development Corporation

View all 319 loans from Empire State Certified Development Corporation

Nearby loans · within 10 miles