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SBA 7(a)Active, details exempt

DM Wine & Sons, LLC

MUNSTER, INCentier BankSnack and Nonalcoholic Beverage Bars · NAICS 722515
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APPROVAL AMOUNT
$150,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2018-06-27
7.5% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$1,781
AT RATE
7.5%
recorded at approval
TOTAL INTEREST
$63,663
over 10 yrs
TOTAL REPAID
$213,663

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
MUNSTER, IN 46321
INDUSTRY
Snack and Nonalcoholic Beverage Bars · NAICS 722515
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
7.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
01
MUNSTER, IN 46321

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