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SBA 7(a)Current

TRUELIFE ENTERPRISES LLC

Newport, WANumerica CUSnack and Nonalcoholic Beverage Bars · NAICS 722515
APPROVAL AMOUNT
$410,000
PROGRAM
SBA 7(a)
26 years term
APPROVED
2020-12-21
3.25% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$1,948
AT RATE
3.25%
recorded at approval
TOTAL INTEREST
$197,859
over 26 yrs
TOTAL REPAID
$607,859

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
Newport, WA 99156
INDUSTRY
Snack and Nonalcoholic Beverage Bars · NAICS 722515
BUSINESS STRUCTURE
Corporation
LOAN TERM
26 years
INITIAL INTEREST RATE
3.25%
LOAN STATUS
Current
Newport, WA 99156

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