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SBA 7(a)Active, details exempt

JIREH FITNESS SOLUTIONS CORP.

WELLINGTON, FLGulf Coast Bank and Trust CompanyFitness and Recreational Sports Centers · NAICS 713940
APPROVAL AMOUNT
$874,000
PROGRAM
SBA 7(a)
8 years term
APPROVED
2022-01-06
6% rate
JOBS SUPPORTED
21
Borrower-reported

Estimated monthly payment

MONTHLY
$11,214
AT RATE
6%
recorded at approval
TOTAL INTEREST
$236,228
over 8.3 yrs
TOTAL REPAID
$1,110,228

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
WELLINGTON, FL 33414
INDUSTRY
Fitness and Recreational Sports Centers · NAICS 713940
BUSINESS STRUCTURE
Corporation
LOAN TERM
8 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Active, details exempt
CONGRESSIONAL DIST.
20
WELLINGTON, FL 33414

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