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SBA 7(a)Paid in Full

ILM, LLC

ALBUQUERQUE, NMPNC Bank, National AssociationChild Day Care Services · NAICS 624410
APPROVAL AMOUNT
$2,323,600
PROGRAM
SBA 7(a)
25 years term
APPROVED
2018-12-19
5.5% rate
JOBS SUPPORTED
0
Borrower-reported

Estimated monthly payment

MONTHLY
$14,269
AT RATE
5.5%
recorded at approval
TOTAL INTEREST
$1,957,081
over 25 yrs
TOTAL REPAID
$4,280,681

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
ALBUQUERQUE, NM 87113
INDUSTRY
Child Day Care Services · NAICS 624410
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
5.5%
LOAN STATUS
Paid in Full
CONGRESSIONAL DIST.
01
ALBUQUERQUE, NM 87113

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