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SBA 7(a)Active, details exempt

HMA ENTERPRISES, LLC

CROWN POINT, INBankUnited, National AssociationLimited-Service Restaurants · NAICS 722513
APPROVAL AMOUNT
$408,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2019-05-09
8.25% rate
JOBS SUPPORTED
20
Borrower-reported

Estimated monthly payment

MONTHLY
$4,875
AT RATE
8.25%
recorded at approval
TOTAL INTEREST
$201,437
over 10.4 yrs
TOTAL REPAID
$609,437

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
Limited-Service Restaurants · NAICS 722513
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
8.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
01
CROWN POINT, IN 46307

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