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SBA 7(a)Paid in Full

Taylor Enterprises, Ltd

Waynesville, OHFirst Merchants BankBoat Dealers · NAICS 441222
APPROVAL AMOUNT
$1,691,900
PROGRAM
SBA 7(a)
26 years term
APPROVED
2017-05-08
6.75% rate
JOBS SUPPORTED
9
Borrower-reported

Estimated monthly payment

MONTHLY
$11,588
AT RATE
6.75%
recorded at approval
TOTAL INTEREST
$1,865,517
over 25.6 yrs
TOTAL REPAID
$3,557,417

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
Waynesville, OH 45069
INDUSTRY
Boat Dealers · NAICS 441222
BUSINESS STRUCTURE
Corporation
LOAN TERM
26 years
INITIAL INTEREST RATE
6.75%
LOAN STATUS
Paid in Full
Waynesville, OH 45069

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