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SBA 7(a)CANCLD

THE MEADOWS ORIGINAL FROZEN CUSTARD

Enola, PAFirst National Bank of PennsylvaniaSnack and Nonalcoholic Beverage Bars · NAICS 722213
APPROVAL AMOUNT
$269,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2010-03-10
5.65% rate
JOBS SUPPORTED
12
Borrower-reported

Estimated monthly payment

MONTHLY
$3,776
AT RATE
5.65%
recorded at approval
TOTAL INTEREST
$59,469
over 7.3 yrs
TOTAL REPAID
$328,469

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
Enola, PA 17025
INDUSTRY
Snack and Nonalcoholic Beverage Bars · NAICS 722213
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
5.65%
LOAN STATUS
CANCLD
Enola, PA 17025

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