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SBA 7(a)Active, details exempt

Chunn Valley Development LLC

NOLENSVILLE, TNFirst Farmers and Merchants BankFitness and Recreational Sports Centers · NAICS 713940
APPROVAL AMOUNT
$124,900
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-04-08
9.25% rate
JOBS SUPPORTED
21
Borrower-reported

Estimated monthly payment

MONTHLY
$1,599
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$66,995
over 10 yrs
TOTAL REPAID
$191,895

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
NOLENSVILLE, TN 37135
INDUSTRY
Fitness and Recreational Sports Centers · NAICS 713940
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
04
NOLENSVILLE, TN 37135

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