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SBA 7(a)Committed, not yet disbursed

Hobo Transportation Corporation

CHICAGO, ILFifth Third BankGeneral Freight Trucking, Long-Distance, Truckload · NAICS 484121
APPROVAL AMOUNT
$100,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2026-06-30
12.75% rate
JOBS SUPPORTED
22
Borrower-reported

Estimated monthly payment

MONTHLY
$1,478
AT RATE
12.75%
recorded at approval
TOTAL INTEREST
$77,408
over 10 yrs
TOTAL REPAID
$177,408

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
CHICAGO, IL 60707
INDUSTRY
General Freight Trucking, Long-Distance, Truckload · NAICS 484121
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
12.75%
LOAN STATUS
Committed, not yet disbursed
CONGRESSIONAL DIST.
04
CHICAGO, IL 60707

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