SBA 7(a)Paid in Full

Family-Based Therapy Associates, Ltd.

COON RAPIDS, MNOld National BankOutpatient Mental Health and Substance Abuse Centers · NAICS 621420

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APPROVAL AMOUNT

$200,000

PROGRAM

SBA 7(a)

7 years term

APPROVED

2025-12-01

9% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$3,218

AT RATE

recorded at approval

TOTAL INTEREST

$70,297

over 7 yrs

TOTAL REPAID

$270,297

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

COON RAPIDS, MN 55433

INDUSTRY

Outpatient Mental Health and Substance Abuse Centers · NAICS 621420

BUSINESS STRUCTURE

Corporation

LOAN TERM

7 years

INITIAL INTEREST RATE

LOAN STATUS

Paid in Full

CONGRESSIONAL DIST.

COON RAPIDS, MN 55433

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