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SBA 7(a)Paid in Full

VREDES, INC.

Stansbury Park, UTZions Bank, A Division ofRadio and Television Broadcasting and Wireless Communications Equipment Manufacturing · NAICS 334220
APPROVAL AMOUNT
$750,000
PROGRAM
SBA 7(a)
8 years term
APPROVED
2009-04-07
5.75% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$9,765
AT RATE
5.75%
recorded at approval
TOTAL INTEREST
$187,443
over 8 yrs
TOTAL REPAID
$937,443

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
Stansbury Park, UT 84074
INDUSTRY
Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing · NAICS 334220
BUSINESS STRUCTURE
Corporation
LOAN TERM
8 years
INITIAL INTEREST RATE
5.75%
LOAN STATUS
Paid in Full
Stansbury Park, UT 84074

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