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SBA 7(a)Paid in Full

Smoke Town & Grocery

Hoquiam, WAGBC International BankConvenience Stores · NAICS 445120
APPROVAL AMOUNT
$536,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2021-02-11
5.25% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$3,212
AT RATE
5.25%
recorded at approval
TOTAL INTEREST
$427,590
over 25 yrs
TOTAL REPAID
$963,590

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
Hoquiam, WA 98550
INDUSTRY
Convenience Stores · NAICS 445120
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
5.25%
LOAN STATUS
Paid in Full
Hoquiam, WA 98550

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