|
Centinel will detail the estimated application and closing costs for the proposed SBA
loan. These costs are included in the overall loan structure. An example of
these costs for the proposed $500,000 is shown below:
|
| Application
and Closing Costs |
Amount
|
| Lender/Centinel Packaging Fee |
$2,500 |
| Attorney Fees |
2,500 |
| SBA Guaranty Fee |
11,250 |
| Real Estate Title Policy (Based on Texas Insurance
Rates) |
3,847 |
| Real Estate Appraisal |
2,800 |
| Environmental Assessment |
1,750 |
| Survey |
1,200 |
| Filings, Searches, Etc. |
153 |
|
Total Application and Closing Costs |
$26,000
|
These costs are estimates based on levels currently seen in the SBA marketplace.
Actual costs may vary from this estimate.
|
|
