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SBA 7(a)CANCLD

BNL Logistics, Inc.

Mt Juliet, TNStearns Bank National AssociationLocal Messengers and Local Delivery · NAICS 492210
APPROVAL AMOUNT
$350,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2018-09-28
7.75% rate
JOBS SUPPORTED
18
Borrower-reported

Estimated monthly payment

MONTHLY
$4,200
AT RATE
7.75%
recorded at approval
TOTAL INTEREST
$154,045
over 10 yrs
TOTAL REPAID
$504,045

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
Mt Juliet, TN 37122
INDUSTRY
Local Messengers and Local Delivery · NAICS 492210
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7.75%
LOAN STATUS
CANCLD
Mt Juliet, TN 37122

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