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SBA 7(a)Active, details exempt

Stonebrook Real Estate, Inc.

COTTONWOOD HEIGHTS, UTBMO Bank National AssociationOffices of Real Estate Agents and Brokers · NAICS 531210
APPROVAL AMOUNT
$350,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2018-08-24
7.75% rate
JOBS SUPPORTED
5
Borrower-reported

Estimated monthly payment

MONTHLY
$4,200
AT RATE
7.75%
recorded at approval
TOTAL INTEREST
$154,045
over 10 yrs
TOTAL REPAID
$504,045

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
COTTONWOOD HEIGHTS, UT 84121
INDUSTRY
Offices of Real Estate Agents and Brokers · NAICS 531210
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
03
COTTONWOOD HEIGHTS, UT 84121

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