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SBA 7(a)CANCLD

Ellijay Storage LLC

Cleveland, GALive Oak Banking CompanyLessors of Miniwarehouses and Self-Storage Units · NAICS 531130
APPROVAL AMOUNT
$745,000
PROGRAM
SBA 7(a)
20 years term
APPROVED
2021-06-14
5% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$4,917
AT RATE
5%
recorded at approval
TOTAL INTEREST
$435,001
over 20 yrs
TOTAL REPAID
$1,180,001

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
Lessors of Miniwarehouses and Self-Storage Units · NAICS 531130
BUSINESS STRUCTURE
Corporation
LOAN TERM
20 years
INITIAL INTEREST RATE
5%
LOAN STATUS
CANCLD
Cleveland, GA 30528

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