SBA 7(a)Active, details exempt

South Coast Saw LLC.

COOS BAY, ORBanner BankSaw Blade and Handtool Manufacturing · NAICS 332216

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APPROVAL AMOUNT

$238,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2021-08-16

5.5% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$2,583

AT RATE

5.5%

recorded at approval

TOTAL INTEREST

$71,951

over 10 yrs

TOTAL REPAID

$309,951

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

COOS BAY, OR 97420

INDUSTRY

Saw Blade and Handtool Manufacturing · NAICS 332216

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

5.5%

LOAN STATUS

Active, details exempt

CONGRESSIONAL DIST.

COOS BAY, OR 97420

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