Find Lenders
SBA 7(a)Current

5 Tool Academy LLC

Yorktown, INFirst Merchants BankSports and Recreation Instruction · NAICS 611620
APPROVAL AMOUNT
$100,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-03-18
11.5% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$1,406
AT RATE
11.5%
recorded at approval
TOTAL INTEREST
$68,715
over 10 yrs
TOTAL REPAID
$168,715

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
Yorktown, IN 47396
INDUSTRY
Sports and Recreation Instruction · NAICS 611620
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11.5%
LOAN STATUS
Current
Yorktown, IN 47396

Other loans from this lender · First Merchants Bank

View all 2,606 loans from First Merchants Bank

Nearby loans · within 10 miles