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SBA 7(a)Active, details exempt

CLNY MMA LLC

THORNWOOD, NYThe Huntington National BankFitness and Recreational Sports Centers · NAICS 713940
APPROVAL AMOUNT
$310,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-03-25
5.75% rate
JOBS SUPPORTED
12
Borrower-reported

Estimated monthly payment

MONTHLY
$3,403
AT RATE
5.75%
recorded at approval
TOTAL INTEREST
$98,341
over 10 yrs
TOTAL REPAID
$408,341

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
THORNWOOD, NY 10532
INDUSTRY
Fitness and Recreational Sports Centers · NAICS 713940
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
5.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
17
THORNWOOD, NY 10532

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