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SBA 7(a)CLSLN

Great Lakes Construction Inc

Saint Paul Park, MNOld National BankPower and Communication Line and Related Structures Construction · NAICS 237130
APPROVAL AMOUNT
$50,000
PROGRAM
SBA 7(a)
1 years term
APPROVED
2011-03-31
6.75% rate
JOBS SUPPORTED
8
Borrower-reported

Estimated monthly payment

MONTHLY
$6,409
AT RATE
6.75%
recorded at approval
TOTAL INTEREST
$1,274
over 0.7 yrs
TOTAL REPAID
$51,274

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 Paul Park, MN 55071
INDUSTRY
Power and Communication Line and Related Structures Construction · NAICS 237130
BUSINESS STRUCTURE
Corporation
LOAN TERM
1 years
INITIAL INTEREST RATE
6.75%
LOAN STATUS
CLSLN
Saint Paul Park, MN 55071

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