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SBA 7(a)Paid in Full

Stephanie's Secret Garden

Poolesville, MDManufacturers and Traders Trust Company"Nursery, Garden Center, and Farm Supply Stores" · NAICS 444220
APPROVAL AMOUNT
$25,000
PROGRAM
SBA 7(a)
5 years term
APPROVED
2012-01-06
5.85% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$482
AT RATE
5.85%
recorded at approval
TOTAL INTEREST
$3,895
over 5 yrs
TOTAL REPAID
$28,895

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
Poolesville, MD 20837
INDUSTRY
"Nursery, Garden Center, and Farm Supply Stores" · NAICS 444220
BUSINESS STRUCTURE
Individual
LOAN TERM
5 years
INITIAL INTEREST RATE
5.85%
LOAN STATUS
Paid in Full
Poolesville, MD 20837

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