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SBA 7(a)CANCLD

CHEROKEE GLASS GLAZING AND CAP MFG INC

Ravenna, OHThe Huntington National BankGlass and Glazing Contractors · NAICS 238150
APPROVAL AMOUNT
$450,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2010-09-16
6% rate
JOBS SUPPORTED
18
Borrower-reported

Estimated monthly payment

MONTHLY
$4,996
AT RATE
6%
recorded at approval
TOTAL INTEREST
$149,511
over 10 yrs
TOTAL REPAID
$599,511

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
Ravenna, OH 44266
INDUSTRY
Glass and Glazing Contractors · NAICS 238150
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6%
LOAN STATUS
CANCLD
Ravenna, OH 44266

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