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SBA 7(a)Paid in Full

Xpert Home Lending Inc

SUWANEE, GAColony BankMortgage and Nonmortgage Loan Brokers · NAICS 522310
APPROVAL AMOUNT
$1,815,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2022-08-02
6.25% rate
JOBS SUPPORTED
30
Borrower-reported

Estimated monthly payment

MONTHLY
$11,973
AT RATE
6.25%
recorded at approval
TOTAL INTEREST
$1,776,900
over 25 yrs
TOTAL REPAID
$3,591,900

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
SUWANEE, GA 30024
INDUSTRY
Mortgage and Nonmortgage Loan Brokers · NAICS 522310
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6.25%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
06
SUWANEE, GA 30024

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