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SBA 7(a)Paid in Full

Total Comm Inc

PAYSON, UTBayFirst National BankAll Other Miscellaneous Store Retailers (except Tobacco Stores) · NAICS 453998
APPROVAL AMOUNT
$350,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2019-12-16
7.5% rate
JOBS SUPPORTED
17
Borrower-reported

Estimated monthly payment

MONTHLY
$4,155
AT RATE
7.5%
recorded at approval
TOTAL INTEREST
$148,547
over 10 yrs
TOTAL REPAID
$498,547

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
PAYSON, UT 84651
INDUSTRY
All Other Miscellaneous Store Retailers (except Tobacco Stores) · NAICS 453998
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7.5%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
03
PAYSON, UT 84651

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