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SBA 7(a)Paid in Full

Shainy's Inc.

Airmont, NYJPMorgan Chase Bank, National AssociationElectronic Shopping · NAICS 454111
APPROVAL AMOUNT
$150,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2015-06-29
6% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$2,191
AT RATE
6%
recorded at approval
TOTAL INTEREST
$34,068
over 7 yrs
TOTAL REPAID
$184,068

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
Electronic Shopping · NAICS 454111
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Airmont, NY 10952

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