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SBA 7(a)Active, details exempt

TNT Family Entertainment Inc.

SACHSE, TXNewtek Small Business Finance, Inc.Amusement Arcades · NAICS 713120
APPROVAL AMOUNT
$3,126,000
PROGRAM
SBA 7(a)
24 years term
APPROVED
2022-05-07
6.25% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$21,175
AT RATE
6.25%
recorded at approval
TOTAL INTEREST
$2,845,214
over 23.5 yrs
TOTAL REPAID
$5,971,214

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
SACHSE, TX 75048
INDUSTRY
Amusement Arcades · NAICS 713120
BUSINESS STRUCTURE
Corporation
LOAN TERM
24 years
INITIAL INTEREST RATE
6.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
03
SACHSE, TX 75048

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