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SBA 7(a)Committed, not yet disbursed

CARLTON-CUNNINGHAM FITNESS LLC

BROADVIEW HEIGHTS, OHLive Oak Banking CompanyFitness and Recreational Sports Centers · NAICS 713940
APPROVAL AMOUNT
$300,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-30
9.75% rate
JOBS SUPPORTED
12
Borrower-reported

Estimated monthly payment

MONTHLY
$3,923
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$170,773
over 10 yrs
TOTAL REPAID
$470,773

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
BROADVIEW HEIGHTS, OH 44147
INDUSTRY
Fitness and Recreational Sports Centers · NAICS 713940
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
11
BROADVIEW HEIGHTS, OH 44147

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