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SBA 7(a)Paid in Full

Sherri L. Rivers

Massena, NYNBT Bank, National AssociationSite Preparation Contractors · NAICS 238910
APPROVAL AMOUNT
$100,000
PROGRAM
SBA 7(a)
15 years term
APPROVED
2011-04-27
6% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$835
AT RATE
6%
recorded at approval
TOTAL INTEREST
$52,865
over 15.3 yrs
TOTAL REPAID
$152,865

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
Massena, NY 13662
INDUSTRY
Site Preparation Contractors · NAICS 238910
BUSINESS STRUCTURE
Individual
LOAN TERM
15 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Massena, NY 13662

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