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SBA 7(a)Active, details exempt

Stick a Fork 'N It, LLC

STOCKBRIDGE, GAAccess to Capital for EntrepreneursFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$248,000
PROGRAM
SBA 7(a)
8 years term
APPROVED
2015-11-02
7.5% rate
JOBS SUPPORTED
12
Borrower-reported

Estimated monthly payment

MONTHLY
$3,392
AT RATE
7.5%
recorded at approval
TOTAL INTEREST
$84,406
over 8.2 yrs
TOTAL REPAID
$332,406

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
STOCKBRIDGE, GA 30281
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
8 years
INITIAL INTEREST RATE
7.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
04
STOCKBRIDGE, GA 30281

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