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SBA 7(a)Active, details exempt

Aitkin County Abstract Company

CLOQUET, MNBell BankTitle Abstract and Settlement Offices · NAICS 541191
APPROVAL AMOUNT
$349,900
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-04-09
8.25% rate
JOBS SUPPORTED
16
Borrower-reported

Estimated monthly payment

MONTHLY
$4,292
AT RATE
8.25%
recorded at approval
TOTAL INTEREST
$165,094
over 10 yrs
TOTAL REPAID
$514,994

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
CLOQUET, MN 55720
INDUSTRY
Title Abstract and Settlement Offices · NAICS 541191
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
08
CLOQUET, MN 55720

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