SBA 7(a)Paid in Full

STEEL CONSTRUCT SYSTEMS, LLC

Locust, NCFirst BankPrefabricated Metal Building and Component Manufacturing · NAICS 332311

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APPROVAL AMOUNT

$350,000

PROGRAM

SBA 7(a)

7 years term

APPROVED

2012-04-04

6% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$5,113

AT RATE

recorded at approval

TOTAL INTEREST

$79,492

over 7 yrs

TOTAL REPAID

$429,492

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

Locust, NC 28097

INDUSTRY

Prefabricated Metal Building and Component Manufacturing · NAICS 332311

BUSINESS STRUCTURE

Corporation

LOAN TERM

7 years

INITIAL INTEREST RATE

LOAN STATUS

Paid in Full

Locust, NC 28097

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