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SBA 7(a)Active, details exempt

Waxman Sales, LLC

AUSTIN, TXCeltic Bank CorporationOther Miscellaneous Nondurable Goods Merchant Wholesalers · NAICS 424990
APPROVAL AMOUNT
$5,000,000
PROGRAM
SBA 7(a)
4 years term
APPROVED
2021-09-17
5.5% rate
JOBS SUPPORTED
35
Borrower-reported

Estimated monthly payment

MONTHLY
$112,124
AT RATE
5.5%
recorded at approval
TOTAL INTEREST
$606,180
over 4.2 yrs
TOTAL REPAID
$5,606,180

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
AUSTIN, TX 78738
INDUSTRY
Other Miscellaneous Nondurable Goods Merchant Wholesalers · NAICS 424990
BUSINESS STRUCTURE
Corporation
LOAN TERM
4 years
INITIAL INTEREST RATE
5.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
21
AUSTIN, TX 78738

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