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SBA 7(a)Committed, not yet disbursed

C.A.L. Ventures Group LLC

COTTAGE GROVE, MNUnited Midwest Savings Bank National AssociationPet Care (except Veterinary) Services · NAICS 812910
APPROVAL AMOUNT
$265,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-30
9.75% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$3,465
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$150,849
over 10 yrs
TOTAL REPAID
$415,849

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
COTTAGE GROVE, MN 55016
INDUSTRY
Pet Care (except Veterinary) Services · NAICS 812910
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
02
COTTAGE GROVE, MN 55016

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