SBA 7(a)Active, details exempt

FITNESS FUEL II LLC

WESTBURY, NYFive Star BankFitness and Recreational Sports Centers · NAICS 713940

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APPROVAL AMOUNT

$850,000

PROGRAM

SBA 7(a)

9 years term

APPROVED

2022-12-02

9.75% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$11,717

AT RATE

9.75%

recorded at approval

TOTAL INTEREST

$438,914

over 9.2 yrs

TOTAL REPAID

$1,288,914

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

WESTBURY, NY 11590

INDUSTRY

Fitness and Recreational Sports Centers · NAICS 713940

BUSINESS STRUCTURE

Corporation

LOAN TERM

9 years

INITIAL INTEREST RATE

9.75%

LOAN STATUS

Active, details exempt

CONGRESSIONAL DIST.

WESTBURY, NY 11590

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