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SBA 7(a)Active, details exempt

Trinity Pharmacy

CARROLLTON, TXNewtek Small Business Finance, Inc.Pharmacies and Drug Stores · NAICS 446110
APPROVAL AMOUNT
$2,573,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2021-09-23
6% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$28,566
AT RATE
6%
recorded at approval
TOTAL INTEREST
$854,869
over 10 yrs
TOTAL REPAID
$3,427,869

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
CARROLLTON, TX 75007
INDUSTRY
Pharmacies and Drug Stores · NAICS 446110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
03
CARROLLTON, TX 75007

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