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SBA 7(a)Active, details exempt

Water Station

SPRING, TXCeltic Bank CorporationVending Machine Operators · NAICS 454210
APPROVAL AMOUNT
$2,946,800
PROGRAM
SBA 7(a)
7 years term
APPROVED
2021-08-11
6% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$41,103
AT RATE
6%
recorded at approval
TOTAL INTEREST
$711,372
over 7.4 yrs
TOTAL REPAID
$3,658,172

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
SPRING, TX 77382
INDUSTRY
Vending Machine Operators · NAICS 454210
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
08
SPRING, TX 77382

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