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SBA 7(a)Committed, not yet disbursed

BOMBERS BBQ LLC

MUNSTER, INJPMorgan Chase Bank, National AssociationLimited-Service Restaurants · NAICS 722513
APPROVAL AMOUNT
$200,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2023-05-17
9.15% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$2,550
AT RATE
9.15%
recorded at approval
TOTAL INTEREST
$105,974
over 10 yrs
TOTAL REPAID
$305,974

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
MUNSTER, IN 46321
INDUSTRY
Limited-Service Restaurants · NAICS 722513
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.15%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
01
MUNSTER, IN 46321

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