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SBA 7(a)Paid in Full

Stitches Veterinary Surgery Corp

LONG BEACH, CAUnited Community BankVeterinary Services · NAICS 541940
APPROVAL AMOUNT
$2,950,000
PROGRAM
SBA 7(a)
11 years term
APPROVED
2023-09-28
11.25% rate
JOBS SUPPORTED
11
Borrower-reported

Estimated monthly payment

MONTHLY
$39,513
AT RATE
11.25%
recorded at approval
TOTAL INTEREST
$2,147,158
over 10.8 yrs
TOTAL REPAID
$5,097,158

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
LONG BEACH, CA 90815
INDUSTRY
Veterinary Services · NAICS 541940
BUSINESS STRUCTURE
Corporation
LOAN TERM
11 years
INITIAL INTEREST RATE
11.25%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
47
LONG BEACH, CA 90815

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