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SBA 7(a)Active, details exempt

Bryce Health Service Corporation

FARIBAULT, MNHiawatha National BankNursing Care Facilities (Skilled Nursing Facilities) · NAICS 623110
APPROVAL AMOUNT
$585,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-04-09
7.25% rate
JOBS SUPPORTED
70
Borrower-reported

Estimated monthly payment

MONTHLY
$4,228
AT RATE
7.25%
recorded at approval
TOTAL INTEREST
$683,526
over 25 yrs
TOTAL REPAID
$1,268,526

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
FARIBAULT, MN 55021
INDUSTRY
Nursing Care Facilities (Skilled Nursing Facilities) · NAICS 623110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
7.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
01
FARIBAULT, MN 55021

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