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SBA 7(a)Paid in Full

TNT Machining LLC

Sumas, WABank of the PacificMachine Shops · NAICS 332710
APPROVAL AMOUNT
$100,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2016-06-16
5.5% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$1,437
AT RATE
5.5%
recorded at approval
TOTAL INTEREST
$20,708
over 7 yrs
TOTAL REPAID
$120,708

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
Sumas, WA 98295
INDUSTRY
Machine Shops · NAICS 332710
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
5.5%
LOAN STATUS
Paid in Full
Sumas, WA 98295

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