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SBA 7(a)Paid in Full

CUGINI DISTRIBUTION, LLC

River Grove, ILThe Huntington National BankOther Grocery and Related Products Merchant Wholesalers · NAICS 424490
APPROVAL AMOUNT
$97,700
PROGRAM
SBA 7(a)
10 years term
APPROVED
2021-03-21
5.75% rate
JOBS SUPPORTED
16
Borrower-reported

Estimated monthly payment

MONTHLY
$1,072
AT RATE
5.75%
recorded at approval
TOTAL INTEREST
$30,993
over 10 yrs
TOTAL REPAID
$128,693

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
River Grove, IL 60171
INDUSTRY
Other Grocery and Related Products Merchant Wholesalers · NAICS 424490
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
5.75%
LOAN STATUS
Paid in Full
River Grove, IL 60171

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