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SBA 7(a)Active, details exempt

Creative Images College of Beauty, Inc.

DAYTON, OHThe Huntington National BankColleges, Universities, and Professional Schools · NAICS 611310
APPROVAL AMOUNT
$4,140,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2016-09-29
6.25% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$46,484
AT RATE
6.25%
recorded at approval
TOTAL INTEREST
$1,438,075
over 10 yrs
TOTAL REPAID
$5,578,075

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
DAYTON, OH 45415
INDUSTRY
Colleges, Universities, and Professional Schools · NAICS 611310
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
10
DAYTON, OH 45415

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