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SBA 7(a)Paid in Full

JAI TRUCKING LLC

Brownstone, MIThe Huntington National Bank"General Freight Trucking, Long-Distance, Truckload" · NAICS 484121
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APPROVAL AMOUNT
$30,900
PROGRAM
SBA 7(a)
5 years term
APPROVED
2017-05-22
6% rate
JOBS SUPPORTED
1
Borrower-reported

Estimated monthly payment

MONTHLY
$597
AT RATE
6%
recorded at approval
TOTAL INTEREST
$4,943
over 5 yrs
TOTAL REPAID
$35,843

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
Brownstone, MI 48134
INDUSTRY
"General Freight Trucking, Long-Distance, Truckload" · NAICS 484121
BUSINESS STRUCTURE
Corporation
LOAN TERM
5 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Brownstone, MI 48134

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