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SBA 7(a)Paid in Full

SWSS Fund 1, LLC.

GARDEN GROVE, CAEast West BankPower and Communication Line and Related Structures Construction · NAICS 237130
APPROVAL AMOUNT
$2,975,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2016-10-03
4.75% rate
JOBS SUPPORTED
160
Borrower-reported

Estimated monthly payment

MONTHLY
$16,961
AT RATE
4.75%
recorded at approval
TOTAL INTEREST
$2,113,297
over 25 yrs
TOTAL REPAID
$5,088,297

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
GARDEN GROVE, CA 92843
INDUSTRY
Power and Communication Line and Related Structures Construction · NAICS 237130
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
4.75%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
46
GARDEN GROVE, CA 92843

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