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SBA 7(a)Current

A Child's Dream Preschool

Cleveland, GAHarvest Small Business Finance, LLCChild Day Care Services · NAICS 624410
APPROVAL AMOUNT
$904,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2024-03-29
10.5% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$8,535
AT RATE
10.5%
recorded at approval
TOTAL INTEREST
$1,656,621
over 25 yrs
TOTAL REPAID
$2,560,621

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
Cleveland, GA 30528
INDUSTRY
Child Day Care Services · NAICS 624410
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
10.5%
LOAN STATUS
Current
Cleveland, GA 30528

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