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SBA 7(a)Paid in Full

Central Iowa Exchange LLC

Aplington, IANicolet National BankOther Farm Product Raw Material Merchant Wholesalers · NAICS 424590
APPROVAL AMOUNT
$225,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2018-01-17
6.5% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$1,519
AT RATE
6.5%
recorded at approval
TOTAL INTEREST
$230,765
over 25 yrs
TOTAL REPAID
$455,765

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
Aplington, IA 50604
INDUSTRY
Other Farm Product Raw Material Merchant Wholesalers · NAICS 424590
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6.5%
LOAN STATUS
Paid in Full
Aplington, IA 50604

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