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SBA 7(a)CANCLD

DR MATTS OFFICE LTD.

Marengo, ILBayFirst National BankOffices of Chiropractors · NAICS 621310
APPROVAL AMOUNT
$109,400
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-07-05
13.25% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$1,650
AT RATE
13.25%
recorded at approval
TOTAL INTEREST
$88,556
over 10 yrs
TOTAL REPAID
$197,956

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
Marengo, IL 60152
INDUSTRY
Offices of Chiropractors · NAICS 621310
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
13.25%
LOAN STATUS
CANCLD
Marengo, IL 60152

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