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SBA 7(a)Current

Infinite Edge Learning LLC

Ravenna, OHThe Huntington National BankProfessional and Management Development Training · NAICS 611430
APPROVAL AMOUNT
$815,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2025-01-10
10% rate
JOBS SUPPORTED
4
Borrower-reported

Estimated monthly payment

MONTHLY
$10,770
AT RATE
10%
recorded at approval
TOTAL INTEREST
$477,434
over 10 yrs
TOTAL REPAID
$1,292,434

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
Ravenna, OH 44266
INDUSTRY
Professional and Management Development Training · NAICS 611430
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
10%
LOAN STATUS
Current
Ravenna, OH 44266

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