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SBA 7(a)Current

Healthier Lifestyle, LLC

South Barrington, ILVillage Bank and Trust, National AssociationSnack and Nonalcoholic Beverage Bars · NAICS 722515
APPROVAL AMOUNT
$215,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2023-09-27
9.5% rate
JOBS SUPPORTED
9
Borrower-reported

Estimated monthly payment

MONTHLY
$2,768
AT RATE
9.5%
recorded at approval
TOTAL INTEREST
$119,958
over 10.1 yrs
TOTAL REPAID
$334,958

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
South Barrington, IL 60010
INDUSTRY
Snack and Nonalcoholic Beverage Bars · NAICS 722515
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Current
South Barrington, IL 60010

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