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SBA 7(a)Paid in Full

Banner Moulded Products Corporation

River Grove, ILOld National BankCommercial Printing (except Screen and Books) · NAICS 323111
APPROVAL AMOUNT
$100,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2019-04-10
6.25% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$1,473
AT RATE
6.25%
recorded at approval
TOTAL INTEREST
$23,721
over 7 yrs
TOTAL REPAID
$123,721

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
River Grove, IL 60171
INDUSTRY
Commercial Printing (except Screen and Books) · NAICS 323111
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
6.25%
LOAN STATUS
Paid in Full
River Grove, IL 60171

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