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SBA 7(a)Active, details exempt

WMC Realty Group LLC

NEW ORLEANS, LAFirst Horizon BankOffices of Dentists · NAICS 621210
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APPROVAL AMOUNT
$2,472,600
PROGRAM
SBA 7(a)
28 years term
APPROVED
2021-09-03
5.5% rate
JOBS SUPPORTED
8
Borrower-reported

Estimated monthly payment

MONTHLY
$14,403
AT RATE
5.5%
recorded at approval
TOTAL INTEREST
$2,395,680
over 28.2 yrs
TOTAL REPAID
$4,868,280

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
NEW ORLEANS, LA 70119
INDUSTRY
Offices of Dentists · NAICS 621210
BUSINESS STRUCTURE
Corporation
LOAN TERM
28 years
INITIAL INTEREST RATE
5.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
01
NEW ORLEANS, LA 70119

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