SBA 7(a)Active, details exempt

Sterlion Creations Inc

AIRMONT, NYFinWise BankOffice Supplies and Stationery Retailers · NAICS 459410

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APPROVAL AMOUNT

$350,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2023-11-26

11.25% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$4,871

AT RATE

11.25%

recorded at approval

TOTAL INTEREST

$234,510

over 10 yrs

TOTAL REPAID

$584,510

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

AIRMONT, NY 10952

INDUSTRY

Office Supplies and Stationery Retailers · NAICS 459410

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

11.25%

LOAN STATUS

Active, details exempt

CONGRESSIONAL DIST.

AIRMONT, NY 10952

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