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SBA 7(a)Paid in Full

WEAVERVILLE THREAD, INC.

Weaverville, NCBayFirst National BankElectronic Shopping · NAICS 454111
APPROVAL AMOUNT
$205,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2018-09-24
7.75% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$2,460
AT RATE
7.75%
recorded at approval
TOTAL INTEREST
$90,226
over 10 yrs
TOTAL REPAID
$295,226

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
Weaverville, NC 28787
INDUSTRY
Electronic Shopping · NAICS 454111
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7.75%
LOAN STATUS
Paid in Full
Weaverville, NC 28787

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