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SBA 7(a)Active, details exempt

GIZARI CHROME & TRUCK ACCESSORIES INC.

ALSIP, ILNortheast BankAutomotive Parts and Accessories Retailers · NAICS 441330
APPROVAL AMOUNT
$25,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2023-01-23
10.25% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$334
AT RATE
10.25%
recorded at approval
TOTAL INTEREST
$15,062
over 10 yrs
TOTAL REPAID
$40,062

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
ALSIP, IL 60803
INDUSTRY
Automotive Parts and Accessories Retailers · NAICS 441330
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
01
ALSIP, IL 60803

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