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SBA 7(a)CANCLD

CLOSE TO HOME, INC.

Ironton, OHCRF Small Business Loan Company, LLCNursing Care Facilities · NAICS 623110
APPROVAL AMOUNT
$1,523,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2020-04-28
6% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$9,813
AT RATE
6%
recorded at approval
TOTAL INTEREST
$1,420,813
over 25 yrs
TOTAL REPAID
$2,943,813

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
Ironton, OH 45638
INDUSTRY
Nursing Care Facilities · NAICS 623110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6%
LOAN STATUS
CANCLD
Ironton, OH 45638

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