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SBA 7(a)Committed, not yet disbursed

B-Milk Scratch Kitchen, Inc.

GENEVA, ILSt. Charles Bank & Trust Company, National AssociationLimited-Service Restaurants · NAICS 722513
APPROVAL AMOUNT
$450,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2025-08-11
9% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$7,240
AT RATE
9%
recorded at approval
TOTAL INTEREST
$158,167
over 7 yrs
TOTAL REPAID
$608,167

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
GENEVA, IL 60134
INDUSTRY
Limited-Service Restaurants · NAICS 722513
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
14
GENEVA, IL 60134

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