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SBA 7(a)Paid in Full

AF Marengo, LLC

Marengo, ILUMB Bank, National AssociationFitness and Recreational Sports Centers · NAICS 713940
APPROVAL AMOUNT
$211,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2015-09-22
5.25% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$2,264
AT RATE
5.25%
recorded at approval
TOTAL INTEREST
$60,663
over 10 yrs
TOTAL REPAID
$271,663

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
Marengo, IL 60152
INDUSTRY
Fitness and Recreational Sports Centers · NAICS 713940
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
5.25%
LOAN STATUS
Paid in Full
Marengo, IL 60152

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