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SBA 7(a)Paid in Full

Stringer Enterprises, Inc.

Dansville, NYCommunity Bank, National AssociationFull-Service Restaurants · NAICS 722110
APPROVAL AMOUNT
$90,000
PROGRAM
SBA 7(a)
15 years term
APPROVED
2012-01-27
6% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$752
AT RATE
6%
recorded at approval
TOTAL INTEREST
$47,578
over 15.3 yrs
TOTAL REPAID
$137,578

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
Dansville, NY 14437
INDUSTRY
Full-Service Restaurants · NAICS 722110
BUSINESS STRUCTURE
Corporation
LOAN TERM
15 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Dansville, NY 14437

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