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SBA 7(a)Active, details exempt

TAHZOO LLC

WASHINGTON, DCNewtek Small Business Finance, Inc.Computer Systems Design Services · NAICS 541512
APPROVAL AMOUNT
$2,800,000
PROGRAM
SBA 7(a)
6 years term
APPROVED
2020-12-07
6% rate
JOBS SUPPORTED
70
Borrower-reported

Estimated monthly payment

MONTHLY
$49,914
AT RATE
6%
recorded at approval
TOTAL INTEREST
$494,295
over 5.5 yrs
TOTAL REPAID
$3,294,295

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
WASHINGTON, DC 20001
INDUSTRY
Computer Systems Design Services · NAICS 541512
BUSINESS STRUCTURE
Corporation
LOAN TERM
6 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
00
WASHINGTON, DC 20001

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