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SBA 7(a)Current

Auctionz LLC

Homosassa, FLLake Michigan CUOther Miscellaneous Nondurable Goods Merchant Wholesalers · NAICS 424990
APPROVAL AMOUNT
$2,500,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2023-10-26
11.5% rate
JOBS SUPPORTED
17
Borrower-reported

Estimated monthly payment

MONTHLY
$35,149
AT RATE
11.5%
recorded at approval
TOTAL INTEREST
$1,717,863
over 10 yrs
TOTAL REPAID
$4,217,863

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
Homosassa, FL 34448
INDUSTRY
Other Miscellaneous Nondurable Goods Merchant Wholesalers · NAICS 424990
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11.5%
LOAN STATUS
Current
Homosassa, FL 34448

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