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SBA 7(a)Active, details exempt

Colorado Therapy & Assessment Center

WESTMINSTER, COByline BankOffices of Mental Health Practitioners (except Physicians) · NAICS 621330
APPROVAL AMOUNT
$1,440,000
PROGRAM
SBA 7(a)
26 years term
APPROVED
2024-03-07
11.25% rate
JOBS SUPPORTED
59
Borrower-reported

Estimated monthly payment

MONTHLY
$14,324
AT RATE
11.25%
recorded at approval
TOTAL INTEREST
$2,943,180
over 25.5 yrs
TOTAL REPAID
$4,383,180

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
WESTMINSTER, CO 80031
INDUSTRY
Offices of Mental Health Practitioners (except Physicians) · NAICS 621330
BUSINESS STRUCTURE
Partnership
LOAN TERM
26 years
INITIAL INTEREST RATE
11.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
07
WESTMINSTER, CO 80031

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