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SBA 7(a)Paid in Full

Vigen Amirian

GLENDALE, CAEnterprise Bank & TrustFloor Covering Stores · NAICS 442210
APPROVAL AMOUNT
$2,398,500
PROGRAM
SBA 7(a)
25 years term
APPROVED
2015-05-22
5% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$14,021
AT RATE
5%
recorded at approval
TOTAL INTEREST
$1,807,918
over 25 yrs
TOTAL REPAID
$4,206,418

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
GLENDALE, CA 91204
INDUSTRY
Floor Covering Stores · NAICS 442210
BUSINESS STRUCTURE
Individual
LOAN TERM
25 years
INITIAL INTEREST RATE
5%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
28
GLENDALE, CA 91204

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