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SBA 7(a)Active, details exempt

CRMD LLC.

LEWIS CENTER, OHFirst Commonwealth BankLimited-Service Restaurants · NAICS 722513
APPROVAL AMOUNT
$549,500
PROGRAM
SBA 7(a)
10 years term
APPROVED
2022-07-07
7.5% rate
JOBS SUPPORTED
15
Borrower-reported

Estimated monthly payment

MONTHLY
$6,523
AT RATE
7.5%
recorded at approval
TOTAL INTEREST
$233,219
over 10 yrs
TOTAL REPAID
$782,719

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
LEWIS CENTER, OH 43035
INDUSTRY
Limited-Service Restaurants · NAICS 722513
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
12
LEWIS CENTER, OH 43035

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