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SBA 7(a)Active, details exempt

South Riding Golfer's Club, LLC

GREENVILLE, SCNortheast BankGolf Courses and Country Clubs · NAICS 713910
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APPROVAL AMOUNT
$2,000,000
PROGRAM
SBA 7(a)
13 years term
APPROVED
2014-03-06
6% rate
JOBS SUPPORTED
16
Borrower-reported

Estimated monthly payment

MONTHLY
$18,817
AT RATE
6%
recorded at approval
TOTAL INTEREST
$860,115
over 12.7 yrs
TOTAL REPAID
$2,860,115

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
GREENVILLE, SC 29601
INDUSTRY
Golf Courses and Country Clubs · NAICS 713910
BUSINESS STRUCTURE
Corporation
LOAN TERM
13 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
04
GREENVILLE, SC 29601

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