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SBA 7(a)Active, details exempt

A Unique Preparatory Learning Academy, Inc.

STONE MOUNTAIN, GAReadycap Lending, LLCChild Day Care Services · NAICS 624410
APPROVAL AMOUNT
$1,609,000
PROGRAM
SBA 7(a)
19 years term
APPROVED
2018-03-28
6.5% rate
JOBS SUPPORTED
17
Borrower-reported

Estimated monthly payment

MONTHLY
$12,279
AT RATE
6.5%
recorded at approval
TOTAL INTEREST
$1,202,954
over 19.1 yrs
TOTAL REPAID
$2,811,954

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
STONE MOUNTAIN, GA 30083
INDUSTRY
Child Day Care Services · NAICS 624410
BUSINESS STRUCTURE
Individual
LOAN TERM
19 years
INITIAL INTEREST RATE
6.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
04
STONE MOUNTAIN, GA 30083

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