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SBA 7(a)CANCLD

Ironton Gateway and Pizza, LLC

Ironton, OHCommunity Trust Bank, Inc.Full-Service Restaurants · NAICS 722511
APPROVAL AMOUNT
$432,700
PROGRAM
SBA 7(a)
16 years term
APPROVED
2014-12-05
5% rate
JOBS SUPPORTED
12
Borrower-reported

Estimated monthly payment

MONTHLY
$3,278
AT RATE
5%
recorded at approval
TOTAL INTEREST
$196,769
over 16 yrs
TOTAL REPAID
$629,469

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
Ironton, OH 45638
INDUSTRY
Full-Service Restaurants · NAICS 722511
BUSINESS STRUCTURE
Corporation
LOAN TERM
16 years
INITIAL INTEREST RATE
5%
LOAN STATUS
CANCLD
Ironton, OH 45638

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