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SBA 7(a)Active, details exempt

Decks Unlimited LLC

CLEVELAND, GAReadycap Lending, LLCOther Foundation, Structure, and Building Exterior Contractors · NAICS 238190
APPROVAL AMOUNT
$36,300
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-04-16
15% rate
JOBS SUPPORTED
2
Borrower-reported

Estimated monthly payment

MONTHLY
$586
AT RATE
15%
recorded at approval
TOTAL INTEREST
$33,978
over 10 yrs
TOTAL REPAID
$70,278

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
CLEVELAND, GA 30528
INDUSTRY
Other Foundation, Structure, and Building Exterior Contractors · NAICS 238190
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
15%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
09
CLEVELAND, GA 30528

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