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SBA 7(a)Active, details exempt

Skinner Swim Pool Plastering

NORTHRIDGE, CAFirst BankOther Services to Buildings and Dwellings · NAICS 561790
APPROVAL AMOUNT
$668,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-08-09
9% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$8,462
AT RATE
9%
recorded at approval
TOTAL INTEREST
$347,433
over 10 yrs
TOTAL REPAID
$1,015,433

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
NORTHRIDGE, CA 91324
INDUSTRY
Other Services to Buildings and Dwellings · NAICS 561790
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
30
NORTHRIDGE, CA 91324

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