I need to know the Unpaid Principle Balance on 12-31-08 of a loan I made to the company I sold my business to.
Date of note: June 8, 2004
Original amount of note: 1,845,963.38
Maturity Date August 1, 2009 (Balloon 1.1 Mil)
Interest Rate: 6%
I received the 1st payment Aug 1, 2004 and all monthly payments(20K)have been made as agreed. The online amortization calculators that I have found online round off to the nearest penny and I need the exact amount. Any idea where I can get this info on the weekend?
Thanks,
Ken
I would imagaine that you had a business checking account and because of that you had established a relashionship with your buisness banker. So the best place to go would be to your business banking institute and they will be able to do the calculation for you
Wendy2diva@aol.com
The search for people who can answer your question continues for as long as needed - until you find the answer you were looking for.
When an answer is posted by someone who was invited (byYedda or by yourself) to answer your question, their answer is marked with a yellow "invited by Yedda".
To be invited to answer other people's questions in your areas of knowledge and interest, be sure to list your favorite topics:
» My Settings › My Topics.
Of course, the more helpful your answers are, the more likely you are to be invited to future questions...
Got an answer for wigoutlet? Would you like to comment on the posted answers, or vote for the one which you think is the best?
Sign up for a free account, or sign in (if you're already a member).
Other people asked questions on similar topics, check out the answers they received:
Other people asked questions on various topics, and are still waiting for answer. Would be great if you can take a sec and answer them
