Finish Home Basement Office
| Listing Information | |||
|---|---|---|---|
| Amount: | $12,500.00 | Status: | Loan created |
| Grade: | B | DTI: | 18% |
| Lender Rate: | 18% | Borrower: | bucktail25 |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-12-21 | EricsCC ROI: | 15% |
| Status History | |
|---|---|
| Dec 21, 2007 | Current |
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Purpose of loan: I need this to loan to finish fixing my home office and expand my tax preparation buisness. Emquecee Tax Service (EIN 03-0399990) is a sole propreitorship business which was established in 2003. To date I have just over 200 clients nationally. A good office helps to potray the quality and image of your business. My home basement needs ceiling cover, flooring, painting and a restroom. The estimated cost for materials and labor is $5,800. I also need a laptop computer estimated at $2,650 to service my in-home clients. I will spend $1,800 towards advertizing on WGUN, a community radio staion that covers Atlanta and the surburbs every saturday morning. I will be working with Mr. Byron Henry. The balance $2,250 will be used to reduce the high balance on my Bank of America credit card I am a good candidate for this loan because I will be able to utilize my enterprenual drive to increase my bottom line and meet my debt obligations including that of Prosper. Monthly net income: $ 5125. (This income includes my full-time job income and my Tax Preparation Service business income which is currently around $25000 per year) Monthly expenses: $3515 Housing: $ 1360 Insurance: $135 Car expenses: $ 180 Utilities: $ 230 Phone, cable, internet: $ 90 Food, entertainment: $200 Household expenses $ 380 Credit cards and other loans: $280 Other expenses: $200 Prosper $460 |
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