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SBA 7(a)Committed, not yet disbursed

BrightStar Care

CROFTON, MDLive Oak Banking CompanyHome Health Care Services · NAICS 621610
APPROVAL AMOUNT
$300,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2023-07-17
10.75% rate
JOBS SUPPORTED
100
Borrower-reported

Estimated monthly payment

MONTHLY
$4,090
AT RATE
10.75%
recorded at approval
TOTAL INTEREST
$190,819
over 10 yrs
TOTAL REPAID
$490,819

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
CROFTON, MD 21114
INDUSTRY
Home Health Care Services · NAICS 621610
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
04
CROFTON, MD 21114

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