SBA 7(a)Active, details exempt

COPILOT TRAVEL INC

FRANKLIN, TNOld National BankAll Other Travel Arrangement and Reservation Services · NAICS 561599

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APPROVAL AMOUNT

$2,000,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2023-12-29

11.5% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$28,119

AT RATE

11.5%

recorded at approval

TOTAL INTEREST

$1,374,291

over 10 yrs

TOTAL REPAID

$3,374,291

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

FRANKLIN, TN 37064

INDUSTRY

All Other Travel Arrangement and Reservation Services · NAICS 561599

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

11.5%

LOAN STATUS

Active, details exempt

CONGRESSIONAL DIST.

FRANKLIN, TN 37064

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