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SBA 7(a)Active, details exempt

DOLLC ENTERPRISE INC

ROSEVILLE, MIFirst Internet Bank of IndianaConvenience Retailers · NAICS 445131
APPROVAL AMOUNT
$751,000
PROGRAM
SBA 7(a)
8 years term
APPROVED
2022-11-29
9% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$11,417
AT RATE
9%
recorded at approval
TOTAL INTEREST
$287,913
over 7.6 yrs
TOTAL REPAID
$1,038,913

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
ROSEVILLE, MI 48066
INDUSTRY
Convenience Retailers · NAICS 445131
BUSINESS STRUCTURE
Corporation
LOAN TERM
8 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
09
ROSEVILLE, MI 48066

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