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SBA 7(a)Paid in Full

Wainwright Interests NC Inc.

Maggie Valley, NCThe Huntington National BankAll Other Specialty Trade Contractors · NAICS 238990
APPROVAL AMOUNT
$186,700
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-01-24
6% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$2,073
AT RATE
6%
recorded at approval
TOTAL INTEREST
$62,030
over 10 yrs
TOTAL REPAID
$248,730

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
Maggie Valley, NC 28751
INDUSTRY
All Other Specialty Trade Contractors · NAICS 238990
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Maggie Valley, NC 28751

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