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SBA 7(a)Active, details exempt

Go Me2U, LLC

GROVETOWN, GAAccess to Capital for EntrepreneursMobile Food Services · NAICS 722330
APPROVAL AMOUNT
$188,000
PROGRAM
SBA 7(a)
6 years term
APPROVED
2017-09-26
8.5% rate
JOBS SUPPORTED
6
Borrower-reported

Estimated monthly payment

MONTHLY
$3,493
AT RATE
8.5%
recorded at approval
TOTAL INTEREST
$49,550
over 5.7 yrs
TOTAL REPAID
$237,550

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
GROVETOWN, GA 30813
INDUSTRY
Mobile Food Services · NAICS 722330
BUSINESS STRUCTURE
Corporation
LOAN TERM
6 years
INITIAL INTEREST RATE
8.5%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
10
GROVETOWN, GA 30813

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