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SBA 7(a)Active, details exempt

Veterans Metal LLC

CLEARWATER, FLCRF Small Business Loan Company, LLCElectroplating, Plating, Polishing, Anodizing, and Coloring · NAICS 332813
APPROVAL AMOUNT
$1,860,000
PROGRAM
SBA 7(a)
17 years term
APPROVED
2022-08-15
8.25% rate
JOBS SUPPORTED
11
Borrower-reported

Estimated monthly payment

MONTHLY
$17,182
AT RATE
8.25%
recorded at approval
TOTAL INTEREST
$1,559,294
over 16.6 yrs
TOTAL REPAID
$3,419,294

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
CLEARWATER, FL 33760
INDUSTRY
Electroplating, Plating, Polishing, Anodizing, and Coloring · NAICS 332813
BUSINESS STRUCTURE
Corporation
LOAN TERM
17 years
INITIAL INTEREST RATE
8.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
13
CLEARWATER, FL 33760

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