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SBA 7(a)Active, details exempt

CARR'S P&D SERVICE, INC.

ROCKFORD, ILByline BankCouriers and Express Delivery Services · NAICS 492110
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APPROVAL AMOUNT
$1,180,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-06-21
6.75% rate
JOBS SUPPORTED
44
Borrower-reported

Estimated monthly payment

MONTHLY
$13,549
AT RATE
6.75%
recorded at approval
TOTAL INTEREST
$445,909
over 10 yrs
TOTAL REPAID
$1,625,909

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
ROCKFORD, IL 61109
INDUSTRY
Couriers and Express Delivery Services · NAICS 492110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
16
ROCKFORD, IL 61109

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