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SBA 7(a)CANCLD

Tarlani Corp

Montrose, CANewtek Bank, National AssociationHome Health Care Services · NAICS 621610
APPROVAL AMOUNT
$3,000,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2023-11-08
11.5% rate
JOBS SUPPORTED
20
Borrower-reported

Estimated monthly payment

MONTHLY
$42,179
AT RATE
11.5%
recorded at approval
TOTAL INTEREST
$2,061,436
over 10 yrs
TOTAL REPAID
$5,061,436

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
Montrose, CA 91020
INDUSTRY
Home Health Care Services · NAICS 621610
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11.5%
LOAN STATUS
CANCLD
Montrose, CA 91020

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