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SBA 7(a)Active, details exempt

Hoosier Health Plus, LLC

ANDERSON, INNewtek Small Business Finance, Inc.Offices of Chiropractors · NAICS 621310
APPROVAL AMOUNT
$500,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2016-09-23
6.25% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$5,648
AT RATE
6.25%
recorded at approval
TOTAL INTEREST
$172,112
over 9.9 yrs
TOTAL REPAID
$672,112

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
ANDERSON, IN 46012
INDUSTRY
Offices of Chiropractors · NAICS 621310
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
6.25%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
05
ANDERSON, IN 46012

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