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SBA 7(a)Active, details exempt

Coker Senior Services LLC

CENTREVILLE, VAThe Huntington National BankServices for the Elderly and Persons with Disabilities · NAICS 624120
APPROVAL AMOUNT
$195,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-12-05
9.75% rate
JOBS SUPPORTED
16
Borrower-reported

Estimated monthly payment

MONTHLY
$2,550
AT RATE
9.75%
recorded at approval
TOTAL INTEREST
$111,002
over 10 yrs
TOTAL REPAID
$306,002

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
CENTREVILLE, VA 20120
INDUSTRY
Services for the Elderly and Persons with Disabilities · NAICS 624120
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
10
CENTREVILLE, VA 20120

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