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SBA 7(a)Paid in Full

Venice Beach Imports

Playa Del Rey, CABMO Bank National AssociationRecyclable Material Merchant Wholesalers · NAICS 423930
APPROVAL AMOUNT
$350,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2017-07-27
6.5% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$3,974
AT RATE
6.5%
recorded at approval
TOTAL INTEREST
$126,902
over 10 yrs
TOTAL REPAID
$476,902

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
Playa Del Rey, CA 90293
INDUSTRY
Recyclable Material Merchant Wholesalers · NAICS 423930
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6.5%
LOAN STATUS
Paid in Full
Playa Del Rey, CA 90293

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