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SBA 7(a)Committed, not yet disbursed

HNHC PLLC

OAKBROOK TERRACE, ILThe Huntington National BankOffices of Mental Health Practitioners (except Physicians) · NAICS 621330
APPROVAL AMOUNT
$50,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2021-07-15
5.25% rate
JOBS SUPPORTED
14
Borrower-reported

Estimated monthly payment

MONTHLY
$536
AT RATE
5.25%
recorded at approval
TOTAL INTEREST
$14,375
over 10 yrs
TOTAL REPAID
$64,375

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
OAKBROOK TERRACE, IL 60181
INDUSTRY
Offices of Mental Health Practitioners (except Physicians) · NAICS 621330
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
5.25%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
05
OAKBROOK TERRACE, IL 60181

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