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SBA 7(a)Active, details exempt

CRO Holdings LLC

ROYAL OAK, MICommunity Choice CUFreestanding Ambulatory Surgical and Emergency Centers · NAICS 621493
APPROVAL AMOUNT
$1,585,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-04-22
9.25% rate
JOBS SUPPORTED
8
Borrower-reported

Estimated monthly payment

MONTHLY
$20,293
AT RATE
9.25%
recorded at approval
TOTAL INTEREST
$850,182
over 10 yrs
TOTAL REPAID
$2,435,182

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
ROYAL OAK, MI 48073
INDUSTRY
Freestanding Ambulatory Surgical and Emergency Centers · NAICS 621493
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
09
ROYAL OAK, MI 48073

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