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SBA 7(a)Paid in Full

Great Lakes Sourcing LLC

Crown Point, INTech CUFertilizer (Mixing Only) Manufacturing · NAICS 325314
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APPROVAL AMOUNT
$125,000
PROGRAM
SBA 7(a)
7 years term
APPROVED
2012-12-05
5% rate
JOBS SUPPORTED
10
Borrower-reported

Estimated monthly payment

MONTHLY
$1,767
AT RATE
5%
recorded at approval
TOTAL INTEREST
$23,406
over 7 yrs
TOTAL REPAID
$148,406

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
Crown Point, IN 46307
INDUSTRY
Fertilizer (Mixing Only) Manufacturing · NAICS 325314
BUSINESS STRUCTURE
Corporation
LOAN TERM
7 years
INITIAL INTEREST RATE
5%
LOAN STATUS
Paid in Full
Crown Point, IN 46307

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