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SBA 7(a)Paid in Full

Acorn LPG, LLC

RAVENNA, OHThe Huntington National BankPetroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) · NAICS 424720
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APPROVAL AMOUNT
$100,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2021-03-16
5.25% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$1,073
AT RATE
5.25%
recorded at approval
TOTAL INTEREST
$28,750
over 10 yrs
TOTAL REPAID
$128,750

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
RAVENNA, OH 44266
INDUSTRY
Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) · NAICS 424720
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
5.25%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
13
RAVENNA, OH 44266

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