SBA 7(a)Active, details exempt

K&P Enterprise And Consulting LLC

ALSIP, ILJPMorgan Chase Bank, National AssociationLimited-Service Restaurants · NAICS 722513

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APPROVAL AMOUNT

$100,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2023-09-22

14.2% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$1,565

AT RATE

14.2%

recorded at approval

TOTAL INTEREST

$87,765

over 10 yrs

TOTAL REPAID

$187,765

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

ALSIP, IL 60803

INDUSTRY

Limited-Service Restaurants · NAICS 722513

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

14.2%

LOAN STATUS

Active, details exempt

CONGRESSIONAL DIST.

ALSIP, IL 60803

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