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SBA 7(a)CANCLD

Your Legacy Financial, Inc.

Montrose, CAU.S. Bank, National AssociationReal Estate Credit · NAICS 522292
APPROVAL AMOUNT
$930,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2019-03-26
5.55% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$10,116
AT RATE
5.55%
recorded at approval
TOTAL INTEREST
$283,920
over 10 yrs
TOTAL REPAID
$1,213,920

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
Montrose, CA 91020
INDUSTRY
Real Estate Credit · NAICS 522292
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
5.55%
LOAN STATUS
CANCLD
Montrose, CA 91020

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