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SBA 7(a)Charged Off

Succession Proprieties, LLC

CENTENNIAL, COLive Oak Banking CompanyOther Services to Buildings and Dwellings · NAICS 561790
APPROVAL AMOUNT
$1,635,000
PROGRAM
SBA 7(a)
6 years term
APPROVED
2019-05-22
8.25% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$29,505
AT RATE
8.25%
recorded at approval
TOTAL INTEREST
$430,364
over 5.8 yrs
TOTAL REPAID
$2,065,364

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
CENTENNIAL, CO 80112
INDUSTRY
Other Services to Buildings and Dwellings · NAICS 561790
BUSINESS STRUCTURE
Corporation
LOAN TERM
6 years
INITIAL INTEREST RATE
8.25%
LOAN STATUS
Charged Off
CONGRESSIONAL DIST.
04
CENTENNIAL, CO 80112

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