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SBA 7(a)Active, details exempt

Spectra Laboratories, LLC

TACOMA, WAHeritage BankTesting Laboratories · NAICS 541380
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APPROVAL AMOUNT
$2,509,800
PROGRAM
SBA 7(a)
16 years term
APPROVED
2012-05-11
6% rate
JOBS SUPPORTED
14
Borrower-reported

Estimated monthly payment

MONTHLY
$20,624
AT RATE
6%
recorded at approval
TOTAL INTEREST
$1,367,574
over 15.7 yrs
TOTAL REPAID
$3,877,374

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
TACOMA, WA 98421
INDUSTRY
Testing Laboratories · NAICS 541380
BUSINESS STRUCTURE
Corporation
LOAN TERM
16 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
06
TACOMA, WA 98421

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