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SBA 7(a)Current

Stars Petroleum Inc.

Ramona, CAMidFirst BankGasoline Stations with Convenience Stores · NAICS 447110
APPROVAL AMOUNT
$3,147,300
PROGRAM
SBA 7(a)
26 years term
APPROVED
2018-11-08
6.5% rate
JOBS SUPPORTED
9
Borrower-reported

Estimated monthly payment

MONTHLY
$21,085
AT RATE
6.5%
recorded at approval
TOTAL INTEREST
$3,304,713
over 25.5 yrs
TOTAL REPAID
$6,452,013

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
Ramona, CA 92065
INDUSTRY
Gasoline Stations with Convenience Stores · NAICS 447110
BUSINESS STRUCTURE
Corporation
LOAN TERM
26 years
INITIAL INTEREST RATE
6.5%
LOAN STATUS
Current
Ramona, CA 92065

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