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SBA 7(a)Active, details exempt

SOBAL CAPITAL INC

PINEVILLE, NCUnited Midwest Savings Bank National AssociationMedical Laboratories · NAICS 621511
APPROVAL AMOUNT
$150,000
PROGRAM
SBA 7(a)
3 years term
APPROVED
2018-06-05
7.5% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$4,666
AT RATE
7.5%
recorded at approval
TOTAL INTEREST
$17,974
over 3 yrs
TOTAL REPAID
$167,974

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
PINEVILLE, NC 28134
INDUSTRY
Medical Laboratories · NAICS 621511
BUSINESS STRUCTURE
Corporation
LOAN TERM
3 years
INITIAL INTEREST RATE
7.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
09
PINEVILLE, NC 28134

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