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SBA 7(a)Active, details exempt

FM HEALING CENTER, LLC

RICHMOND, KYByline BankOffices of Physicians, Mental Health Specialists · NAICS 621112
APPROVAL AMOUNT
$640,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2022-02-03
6% rate
JOBS SUPPORTED
18
Borrower-reported

Estimated monthly payment

MONTHLY
$4,124
AT RATE
6%
recorded at approval
TOTAL INTEREST
$597,059
over 25 yrs
TOTAL REPAID
$1,237,059

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
RICHMOND, KY 40475
INDUSTRY
Offices of Physicians, Mental Health Specialists · NAICS 621112
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
06
RICHMOND, KY 40475

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