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SBA 7(a)Active, details exempt

Warrior Poet Appraisals, Inc

BELLMORE, NYBeacon Bank and TrustAll Other Professional, Scientific, and Technical Services · NAICS 541990
APPROVAL AMOUNT
$306,000
PROGRAM
SBA 7(a)
5 years term
APPROVED
2019-08-20
8% rate
JOBS SUPPORTED
11
Borrower-reported

Estimated monthly payment

MONTHLY
$5,964
AT RATE
8%
recorded at approval
TOTAL INTEREST
$69,749
over 5.3 yrs
TOTAL REPAID
$375,749

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
BELLMORE, NY 11710
INDUSTRY
All Other Professional, Scientific, and Technical Services · NAICS 541990
BUSINESS STRUCTURE
Corporation
LOAN TERM
5 years
INITIAL INTEREST RATE
8%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
02
BELLMORE, NY 11710

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