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SBA 7(a)Paid in Full

Whitney Bickers Dba Myrtle

Los Angeles, CAUSC CUWomen's Clothing Stores · NAICS 448120
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APPROVAL AMOUNT
$53,700
PROGRAM
SBA 7(a)
7 years term
APPROVED
2012-02-22
6% rate
JOBS SUPPORTED
3
Borrower-reported

Estimated monthly payment

MONTHLY
$784
AT RATE
6%
recorded at approval
TOTAL INTEREST
$12,196
over 7 yrs
TOTAL REPAID
$65,896

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
Los Angeles, CA 90026
INDUSTRY
Women's Clothing Stores · NAICS 448120
BUSINESS STRUCTURE
Individual
LOAN TERM
7 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Los Angeles, CA 90026

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