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SBA 7(a)Paid in Full

HANG LOOSE, INC.

POUGHKEEPSIE, NYKeyBank National AssociationFitness and Recreational Sports Centers · NAICS 713940
APPROVAL AMOUNT
$798,000
PROGRAM
SBA 7(a)
11 years term
APPROVED
2014-10-03
5.25% rate
JOBS SUPPORTED
42
Borrower-reported

Estimated monthly payment

MONTHLY
$8,155
AT RATE
5.25%
recorded at approval
TOTAL INTEREST
$245,886
over 10.7 yrs
TOTAL REPAID
$1,043,886

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
POUGHKEEPSIE, NY 12601
INDUSTRY
Fitness and Recreational Sports Centers · NAICS 713940
BUSINESS STRUCTURE
Corporation
LOAN TERM
11 years
INITIAL INTEREST RATE
5.25%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
18
POUGHKEEPSIE, NY 12601

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