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SBA 7(a)Paid in Full

Central Pharmacy-Chesaning, LLC

Chesaning, MIUnited Midwest Savings Bank National AssociationPharmacies and Drug Stores · NAICS 446110
APPROVAL AMOUNT
$625,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2015-07-21
6% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$6,939
AT RATE
6%
recorded at approval
TOTAL INTEREST
$207,654
over 10 yrs
TOTAL REPAID
$832,654

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
Chesaning, MI 48616
INDUSTRY
Pharmacies and Drug Stores · NAICS 446110
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Chesaning, MI 48616

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