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SBA 7(a)Paid in Full

STL Investments, Inc.

Cuddy, PACitizens Bank, National AssociationFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$40,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2013-11-25
7.5% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$614
AT RATE
7.5%
recorded at approval
TOTAL INTEREST
$11,537
over 7 yrs
TOTAL REPAID
$51,537

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
Cuddy, PA 15031
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
7.5%
LOAN STATUS
Paid in Full
Cuddy, PA 15031

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