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SBA 7(a)Committed, not yet disbursed

Georgantas Claims Services, Inc.

SAINT CHARLES, ILU.S. Bank, National AssociationAll Other Professional, Scientific, and Technical Services · NAICS 541990
APPROVAL AMOUNT
$980,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2024-09-18
7.95% rate
JOBS SUPPORTED
39
Borrower-reported

Estimated monthly payment

MONTHLY
$7,531
AT RATE
7.95%
recorded at approval
TOTAL INTEREST
$1,279,410
over 25 yrs
TOTAL REPAID
$2,259,410

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
SAINT CHARLES, IL 60175
INDUSTRY
All Other Professional, Scientific, and Technical Services · NAICS 541990
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
7.95%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
06
SAINT CHARLES, IL 60175

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