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SBA 7(a)Active, details exempt

E-Jay Plastics Co.

ADDISON, ILVillage Bank and Trust, National AssociationAll Other Plastics Product Manufacturing · NAICS 326199
APPROVAL AMOUNT
$2,237,000
PROGRAM
SBA 7(a)
20 years term
APPROVED
2024-12-19
7.75% rate
JOBS SUPPORTED
7
Borrower-reported

Estimated monthly payment

MONTHLY
$18,365
AT RATE
7.75%
recorded at approval
TOTAL INTEREST
$2,170,509
over 20 yrs
TOTAL REPAID
$4,407,509

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
ADDISON, IL 60101
INDUSTRY
All Other Plastics Product Manufacturing · NAICS 326199
BUSINESS STRUCTURE
Corporation
LOAN TERM
20 years
INITIAL INTEREST RATE
7.75%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
08
ADDISON, IL 60101

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