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SBA 7(a)Current

Annie's Auto, LLC

Parma Heights, OHThe Huntington National BankGeneral Automotive Repair · NAICS 811111
APPROVAL AMOUNT
$200,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2021-08-31
5.75% rate
JOBS SUPPORTED
30
Borrower-reported

Estimated monthly payment

MONTHLY
$2,195
AT RATE
5.75%
recorded at approval
TOTAL INTEREST
$63,446
over 10 yrs
TOTAL REPAID
$263,446

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
Parma Heights, OH 44130
INDUSTRY
General Automotive Repair · NAICS 811111
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
5.75%
LOAN STATUS
Current
Parma Heights, OH 44130

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