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SBA 7(a)Committed, not yet disbursed

AJK FLIGHT INSTRUCTION LLC

POOLESVILLE, MDWells Fargo Bank National AssociationFlight Training · NAICS 611512
APPROVAL AMOUNT
$15,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-01-17
13% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$224
AT RATE
13%
recorded at approval
TOTAL INTEREST
$11,876
over 10 yrs
TOTAL REPAID
$26,876

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
POOLESVILLE, MD 20837
INDUSTRY
Flight Training · NAICS 611512
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
13%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
06
POOLESVILLE, MD 20837

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