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SBA 7(a)Active, details exempt

Athletae Electi LLC

YONKERS, NYThe Huntington National BankFitness and Recreational Sports Centers · NAICS 713940
APPROVAL AMOUNT
$667,400
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-03-01
11% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$9,193
AT RATE
11%
recorded at approval
TOTAL INTEREST
$435,812
over 10 yrs
TOTAL REPAID
$1,103,212

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
YONKERS, NY 10710
INDUSTRY
Fitness and Recreational Sports Centers · NAICS 713940
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
16
YONKERS, NY 10710

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