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SBA 7(a)Paid in Full

The Madadi Family Living Trust dated June 23, 2022

CARROLLTON, GAHomeTrust BankGasoline Stations with Convenience Stores · NAICS 447110
APPROVAL AMOUNT
$1,700,000
PROGRAM
SBA 7(a)
20 years term
APPROVED
2014-08-28
5% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$11,219
AT RATE
5%
recorded at approval
TOTAL INTEREST
$992,619
over 20 yrs
TOTAL REPAID
$2,692,619

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
CARROLLTON, GA 30117
INDUSTRY
Gasoline Stations with Convenience Stores · NAICS 447110
BUSINESS STRUCTURE
Corporation
LOAN TERM
20 years
INITIAL INTEREST RATE
5%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
03
CARROLLTON, GA 30117

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