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SBA 7(a)Active, details exempt

Shreeji Hotels LLC

BEDFORD, PAThe MINT National BankHotels (except Casino Hotels) and Motels · NAICS 721110
APPROVAL AMOUNT
$75,000
PROGRAM
SBA 7(a)
11 years term
APPROVED
2017-05-15
6.25% rate
JOBS SUPPORTED
37
Borrower-reported

Estimated monthly payment

MONTHLY
$813
AT RATE
6.25%
recorded at approval
TOTAL INTEREST
$27,470
over 10.5 yrs
TOTAL REPAID
$102,470

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
BEDFORD, PA 15522
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Corporation
LOAN TERM
11 years
INITIAL INTEREST RATE
6.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
13
BEDFORD, PA 15522

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