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SBA 7(a)Paid in Full

ANGLIN EQUIPMENT AND CJM SOLUTIONS

COLUMBUS, OHLive Oak Banking CompanyCommercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance · NAICS 811310
APPROVAL AMOUNT
$2,750,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2023-07-28
10.75% rate
JOBS SUPPORTED
8
Borrower-reported

Estimated monthly payment

MONTHLY
$37,493
AT RATE
10.75%
recorded at approval
TOTAL INTEREST
$1,749,176
over 10 yrs
TOTAL REPAID
$4,499,176

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
COLUMBUS, OH 43232
INDUSTRY
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance · NAICS 811310
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.75%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
03
COLUMBUS, OH 43232

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