Find Lenders
SBA 7(a)Paid in Full

WASABI JAPANESE STEAKHOUSE 1

KNOXVILLE, TNMetro City BankFull-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$1,855,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-05-24
5% rate
JOBS SUPPORTED
54
Borrower-reported

Estimated monthly payment

MONTHLY
$19,675
AT RATE
5%
recorded at approval
TOTAL INTEREST
$506,018
over 10 yrs
TOTAL REPAID
$2,361,018

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
KNOXVILLE, TN 37934
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
5%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
02
KNOXVILLE, TN 37934

Other loans from this lender · Metro City Bank

View all 2,880 loans from Metro City Bank

Nearby loans · within 10 miles