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SBA 7(a)Paid in Full

Tortilleria J & A, Corp

NATIONAL CITY, CAEverTrust BankFood Service Contractors · NAICS 722310
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APPROVAL AMOUNT
$1,158,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2018-05-17
6.75% rate
JOBS SUPPORTED
44
Borrower-reported

Estimated monthly payment

MONTHLY
$8,001
AT RATE
6.75%
recorded at approval
TOTAL INTEREST
$1,242,227
over 25 yrs
TOTAL REPAID
$2,400,227

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
NATIONAL CITY, CA 91950
INDUSTRY
Food Service Contractors · NAICS 722310
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6.75%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
51
NATIONAL CITY, CA 91950

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